Exports play a crucial role in realizing Atmanirbhar Bharat, said Prahlad Joshi, Union Minister of Parliamentary Affairs, Coal and Mines, who addressed the outreach Programme on India-UAE CEPA and India-Australia ECTA organized by Department of Commerce in Bengaluru.
Joshi, who was the Chief Guest at the event highlighted the various initiatives and reforms being undertaken by the Government of India to further improve the ease of doing business; the significant milestones achieved in the form of the record high annual exports of goods and services in the current year of around US$ 674 billion; and finally delineated the immense advantages of the State of Karnataka.
The Department of Commerce, Government of India, in coordination with the Industries and Commerce Department, Government of the State of Karnataka, and the Services Export Promotion Council (SEPC), and other Apex Industry Bodies, Export Promotion Councils, Local Chambers of Commerce and Industry, organized a Stakeholders’ Outreach Programme on India-United Arab Emirates Comprehensive Economic Partnership Agreement (CEPA) and India-Australia Economic Cooperation and Trade Agreement (ECTA) today, at Hotel Shangri La, Palace Road, Vasanth Nagar, Bengaluru, Karnataka.
States outreach programmes are part of series of concerted and coordinated efforts being made by the Department of Commerce, Government of India, to sensitize and create awareness amongst exporters across the country on the conducive platform and the favourable trade ecosystem that is being created with conclusion of these landmark Trade Agreements with partners countries exhibiting significant trade complementarities with India.
This particular outreach event was exclusively meant for local industry and exporters, particularly from the MSME sector, from the State of Karnataka. Given the importance of the event and the potential for immense benefits for the industry participants, the event witnessed participation of over 200 businessmen from the State of Karnataka, cutting across industry segments and sectors.