MANU/DGFT/0036/2016

Ministry : Ministry of Commerce and Industry

Department/Board : DGFT

Trade Notice No. : 21/2015-2020

Date : 23.03.2016

Reconstitution of Board of Trade (BoT)

It has been decided to reconstitute the Board of Trade as per the provisions given in the Para 300 of Foreign Trade Policy Statement 2015-2020. The objective is to have continuous discussion and consultation with trade and industry. The Board of Trade would, inter-alia, advise the Government on policy measures related to Foreign Trade Policy in order to achieve the objective of boosting India's trade.

Terms of Reference:

The BOT shall have the following terms of references:

(i) To advise Government on Policy measures for preparation and implementation of both short and long term plans for increasing exports in the light of emerging national and international economic scenarios;

(ii) To review export performance of various sectors, identify constraints and suggest industry specific measures to optimize export earnings;

(iii) To examine existing institutional framework for imports and exports and suggest practical measures for further streamlining to achieve desired objectives;

(iv) To review policy instruments and procedure for imports and exports and suggest steps to rationalize those for optimum use; and

(v) To examine issues which are considered relevant for promotion of India's foreign trade and for strengthening international competitiveness of Indian goods and services.

Composition:

Chairperson: Hon'ble Minister Commerce & Industry

Non-official Members:

1........