The ePlatform, expected to be operational in 3-4 months, will provide new and aspiring exporters with crucial information on market regulations, sector trends, and benefits under free trade agreements (FTAs). Additionally, it offers access to sector-specific events and facilitates trade-related queries with expert advice from government officials and related entities, the ministry of commerce and industry said in a media release.

Minister Goyal emphasised the significance of leveraging FTAs for India's benefit, particularly for startups and MSMEs, to expand their export activities. He highlighted the importance of internationalising goods and services to improve quality and achieve economies of scale, making exports a collaborative effort involving the states, centre, and industry.

The meeting focused on reviewing export performance towards achieving the ambitious $2 trillion export target by 2030. Discussions included the priorities identified in the new Foreign Trade Policy (FTP) 2023 and strategies to enhance export growth. The reconstituted Board of Trade serves as a platform for regular discussions and policy advisement, involving state governments, UTs, industry bodies, and Export Promotion Councils.

Key topics discussed during the meeting included India's import/export performance, leveraging FTAs, trade facilitation measures, and reforms in the patent system. State ministers also provided their suggestions and expressed commitment to fostering an environment conducive to external trade growth.

The meeting was attended by minister of state for commerce and industry, Anupriya Patel, commerce secretary Sunil Barthwal, special secretary Sumita Dawra, director general of foreign trade Santosh Sarangi, and various state ministers, senior officials, and members of Indian Industry.

Fibre2Fashion News Desk (KD)