Directorate General of Foreign Trade
       CHAPTER- 1 C
   
 

Board of Trade

   
Board of Trade
(BOT)
1C.1   BOT has a clear and dynamic role in advising government
on relevant issues connected with Foreign Trade.
       

Terms of Reference

1C.2  

BOT has following terms of reference:

       
      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 procedures for
imports and exports and suggest steps to rationalize
and channelize such schemes for optimum use;;

 

      V To examine issues which are considered relevant for
promotion of India’s foreign trade, and to strengthen
international competitiveness of Indian goods and
services; and
       
      VI  To commission studies for furtherance of above
objectives.
       

Composition

1C.3   Commerce & Industry Minister will be the Chairman of the
Board of Trade (BOT). Government shall also nominate
up to 25 persons, of whom at least 10 will be experts in
trade policy. In addition, Chairmen of recognized EPCs
and President or Secretary-Generals of National Chambers
of Commerce will be ex-officio members. BOT will meet
at least once every quarter.