BoT meet to take stock of new foreign trade policy

0
221

NEW DELHI: A meeting of the Board of Trade (BOT) will be held on Wednesday to discuss the strategies and measures to take forward domestic manufacturing and exports.

This platform provides an opportunity to have regular discussions and consultations with trade and industry and the government on policy measures related to Foreign Trade Policy in order to achieve the objective of boosting India’s trade, said an official news release.

“It also provides a platform to state governments and UTs to articulate their perspective on trade policy, and also to the Government of India for apprising them about international developments affecting India’s trade potential and opportunities and to prepare them to deal with the evolving situation”said the release.

Commerce and Industry Minister Piyush Goya will virtually chair the meeting, and Ministers of State for Commerce and Industry Som Parkash and Hardeep Singh Puri will both address it.

 Several Secretaries, the Niti Aayog CEO, representatives of apex industry associations and export promotion councils are members of the BOT.

The BOT will also review the investment promotion strategy for AtmaNirbhar Bharat, the New Logistics Policy and trade facilitation measures by Customs.