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Business Economy


DGFT initiates weekly open house interaction with exporters to give impetus to exports

Panaji, Aug 14 (UNI) Additional Director General Foreign Trade, Dr
Sonia Sethi, today announced that weekly open house meetings will be
held in Goa at the DGFT office to facilitate exports from the state.
Speaking at a meeting organized on the Niryat Bandhu Scheme
and Open House on GST at World Trade Centre, Goa, in the city, she
said the meetings to be presided by KM Harilal, deputy director,
DGFT Goa, would resolve several issues pertaining to exports and
would also encourage Small and Medium Enterprises (SMEs).
Emphasizing on the role of DGFT in foreign trade and the
various policy measures and initiatives taken by them to streamline
exports and to relax the regulatory measures, Dr Sethi stressed on
the various trade notices and schemes, on the official website, so
also the online interface, which had been initiated by DGFT to
encourage MSMEs in obtaining information online which was easily
available.
This will certainly facilitate export competitiveness, she
said and informed the participants that Outreach Programmes with
state government and Industry bodies would be conducted on a regular
basis to assist exporters and also to encourage, SMEs foray into
exports.
She also assured that GST-related problems for exporters were
being addressed, although the transitional period would have its own
teething problems.
K M Harilal, ITS, Dy Director, DGFT Goa, made a holistic
presentation on the implications of GST and its implications on the
Export sector.
His presentation made a detailed study of the three important
aspects, namely GST on FTP Schemes, Refunds and Draw Back Procedures
and Export Procedures and Documentation which are most important
aspects in the seamless implementation of the new GST Regime in the
realm of the International Trade.
Rupa Naik, Projects director at World Trade Centre in Mumbai,
emphasized on the role of WTC Goa and its initiative to facilitate
exports through programmes open house discussions and training
programmes.
Export growth was very important for the state and it was
really imperative that more and more SMEs got directly involved, in
foreign trade, she said, adding, the WTC-Goa had organized similar
trade promotional programmes with officials from Government of India
and the state government to initiate a dialogue, between policy
makers and business community.
Manguirish Pai-Raiker, chairman, MSME Council, said over 65
per cent of exports were from the MSMEs and their issues related to
exports should be resolved, to encourage as well as make their
exports competitive.
Goa has tremendous opportunity to increase its exports
particularly in fishing, mining, agro, food processing, IT and
pharma, he said.
Cyril Desouza, assistant director, Trade Promotion, WTC, Goa,
compaered the event and presented the vote of thanks.
UNI AKM SS NP SHK 2109
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