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Advisory Bodies


(i) Board of Trade (BOT)

The Board of Trade was set up on 5th May, 1989 with a view to provide an effective mechanism to maintain continuous dialogue with trade and industry in respect of major developments in the field of International Trade. The Board was reconstituted on 16th July, 2009 under the Chairmanship of Commerce & Industry Minister vide order No.01/94/180/438/AM05/BOT/PC-V. The Board, inter-alia, advises the Government on policy measures connected with the Foreign Trade Policy in order to achieve the objectives of boosting India’s exports .

Terms of reference of the Board of Trade
  • To advise the Government on Policy measures for preparation and implementation of both short & long term plans for increasing exports in the light of emerging national and international economic scenario;
  • To review export performance of various sectors, identify constraints and suggest industry specific measures to optimize export earnings;
  • To examine the existing institutional framework for imports and exports and suggest practical measures for further streamlining to achieve the desired objectives; and
  • To review the policy instruments and procedures for imports and exports and suggest steps to rationalize and channelize such schemes for optimum use.

(ii) Inter State Trade Council

The Inter State Trade Council was set up on 24th June, 2005 with a view to serve as a mechanism for institutionalized dialogue between the Union and the States in matters relating to trade facilitation and to create a framework for making States partners in India’s export effort. The Council is represented by Chief Ministers of the States or State Cabinet Ministers nominated by Chief Ministers, Lt. Governors or Administrators of the Union Territories or their nominees, Secretaries of the Departments of Commerce, Revenue, Industrial Policy & Promotion, Agriculture & Cooperation, Shipping, Road Transport & Highways, Ministries of External Affairs, Power and Chairman, Railway Board. It also co-opts the Chairman-cum-Managing Director of Export Credit Guarantee Corporation, Managing Director of EXIM Bank, Deputy Governor of Reserve Bank of India, Chairman of Agricultural and Processed Food Products Export Development Authority, Chairman of Marine Products Export Development Authority and presidents of CII, FICCI, FIEO, ASSOCHAM and Export Promotion Council for EOUs/ SEZs.


.......Annual Report 2010-2011


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