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Advisory Bodies

 

(i) Board of Trade (BOT)

The Board of Trade (BOT) was reconstituted on 16.07.2009 under the Chairmanship of Commerce & Industry Minister vide order No.01/94/180/438/AM05/BOT/PC-V dated 16.07.2009. The Board of Trade, inter alia, advises the Government on policy measures connected with the Foreign Trade Policy in order to achieve the objectives of boosting India’s trade.

The sixth meeting of the reconstituted Board of Trade was held on 27.08.2013 to discuss the following issues:

  1. Overview of global Trade;

  2. Policy measures to mitigate fallout of the adverse scenario;

  3. Procedural simplification: specific suggestion, if any; and

  4. Views on Strategy paper put out by Department of Commerce

Commerce and Industry Minister during the meeting has informed that India has achieved the export target of US$ 306 billion for 2012-13 which is heartening and assured that the Government will continue with its work programme towards facilitating exports and reducing the transaction cost.

(ii) Inter State Trade Council

The Inter State Trade Council has been set up to serve as a mechanism for institutionalized dialogue between the Union and the States in matter relating to trade facilitation and to create a framework for making States partners in India’s export effort.

 

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