In the wake of growing protectionism globally,
Centre, State Governments and Industry representatives will meet on January 10
to discuss ways to boost the Country's exports, an official said recently.
The issues would be deliberated
upon in the fourth meeting of the Council for Trade Development and Promotion,
which will be chaired by the Commerce and Industry Minister Suresh Prabhu.
Trade Ministers from
different States including Uttar Pradesh, Punjab, Haryana and Karnataka are
expected to attend the meeting, the official added.
Council for Trade Development and Promotion was
constituted with effect from 3rd July, 2015, to ensure a continuous dialogue
with State Governments and UTs on measures for providing an International trade
enabling environment in the States and to create a framework for making the
States active partners in boosting India’s exports.
.The meeting assumes
significance as States play a proactive role in promoting outbound shipments.
The Commerce Ministry has
advised all the States to formulate their export policies and appoint Export
Commissioners. The issues which are likely to figure in the meeting include
ways to enhance export competitiveness, quality and standards of products.
The council acts as a platform
to develop partnership with states with an aim to boost international trade.
Besides Commerce Ministers of States and Union Territories, 14 Secretaries of
the Central Government, including Commerce, Revenue, Shipping, Civil Aviation,
Agriculture, Food Processing and Economic Affairs are the members of the
The council also provides
a platform to State Governments and UTs for articulating their perspective on
trade policy to help them develop and pursue export strategies in line with the
National Foreign Trade Policy.
It also provides a platform for deliberation on the
need for infrastructure relevant for promoting trade and for identification of
impediments and infrastructure gaps which adversely affects India’s export.
Federation of Indian
Export Organisations (FIEO) President Ganesh Kumar Gupta said issues related to
credit and modern infrastructure need to be resolved to push the exports.
2011-12, India's exports have been hovering at around USD 300 billion. During
2017-18, the shipments grew by about 10 per cent to USD 303 billion.
have cautioned that growing trade tensions between the US and China could impact global
trade growth. Imposition of high import duties by the US this year on certain
steel and aluminium products has triggered a trade war kind of situation.
Trade Organisation (WTO) too has stated that escalating trade tensions and
tighter credit market conditions in important markets will slow trade growth in
April-November 2018-19, the country's exports grew 11.58 per cent to USD 217.52