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Revamping of commerce dept on anvil for more coherent trade promotion strategy

Revamping of commerce dept on anvil for more coherent trade promotion strategy

Zee News
Sunday, February 20, 2022 03:47:45 PM UTC

Under the plan, there is a proposal to set up a dedicated trade promotion body and a trade remedies review committee.

New Delhi: The government is planning to revamp the commerce department which will have a more coherent trade promotion strategy with clear targets and execution accountabilities, an official statement said on Sunday.

Under the plan, there is a proposal to set up a dedicated trade promotion body and a trade remedies review committee.

The commerce ministry also said that there will be a strengthened negotiation ecosystem with right expertise and robust end-to-end processes with clearly defined focus areas and institutions in the revamped department.

"It aspires to achieve an optimal mix of talent with specialists and generalists sourced from across private and government sectors. The department will have an agile setup responsive to market opportunities and exporter needs via interlinkages across bodies. There will also be synergized branding for India across all domains highlighting clear priority areas," the ministry said.

It added that the revamping is aimed at further building on its strategic direction and aspirations for the next decade.

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