Circular No.ES/99/2019-20 July 19, 2019
To: Members of the Council
Dear Member,
According to DGFT Notification No.11/2015-20 dated 17th July, 2019, the Government has merged the Council of Trade Development and Promotion with the Board of Trade to bring greater coherence in consultation process with all stakeholders for promoting exports and imports.
The Board of Trade will be chaired by Commerce and Industry Minister. Its members will include Minister/s of State for Commerce & Industries, Govt. of India and Minister in-charge of Trade and Commerce in States and UTs. The official members will include secretaries of different departments like revenue, commerce, health and agriculture besides NITI Aayog CEO, Deputy Governor RBI, and CBIC Chairman. Further, the new forum would have presidents and chairpersons of industry chambers among others as ex-officio members.
According to the Notification, the new forum will remain as Board of Trade and will work with ten terms of references.
The new Board would provide a platform to states and union territories for articulating their perspectives on trade policy and help states to develop and pursue export strategies in line with the national foreign trade policy.
To ensure regular 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.
It would also review export performances of various sectors, identify constraints and suggest industry specific measures to optimise export earnings and to examine existing institutional framework for imports and exports.
Besides, the forum would advise the government on policy measures for preparation and implementation of short and long term plans.
Members may kindly make a note of the above.
Thanking you,
Yours faithfully,
S.BALARAJU
EXECUTIVE DIRECTOR
