EXPORT IMPORT POLICY /CONTORLS

• EXPORT/IMPORT cannot happen in Vaccum , parties are required for said transaction, and the institutions /laws/and international relations plays vital role: Policies can be said as control mechanism also because, it draws RULES as well as limitations for Trade activities across border. There are lot many institutions/ policies related with EXIM POLICY/CONTORL ………….

Institutional set up

– In India exim related institutions can be grouped in to four categories

Policy and decision making organizations

Autonomous bodies Advisory bodies Attached and subordinate offices

Policy and decision making organizations

Ministry of commerce is nodal agency for country's external trade which includes the commercial relations with other countries / also responsible for state trading/ export promotion measures/ regulations etc…

.. The department of commerce formulates the policies in the sphere of foreign Trade ,especially the EXIM policy of the country

Functional divisions of ‘ Dept.Of Com

• Trade policy division • Export production division • Export services division • Economic division • Administration and general division • Foreign trade territorial division• Export industries division • Finance division

Trade policy division

It deals with the broad aspects of country’s trade policy in relation to various international bodies such as GAAT, UNCTAD, UNESCAP, EU, NAFTA, ASEAN, SAFTA, APEC, OPAC etc

This division also takes care about International trade and commodity agreements

Export products division

attending the general problems like generation for surplus for exports and development of markets abroad ….

…products such as Agri/ marine products/ chemicals/pharma /engg/ minerals/metals/ but the responsibilities also lies with respective ministries such as agri / textiles/ocean/ etc …

Export services division

• Export credit • Market development assistance • Quality control • Pre-shipment inspection • Guidance setting –up JV abroad • ..also for IMPORT …

ECONOMIC DIVISON

Responsible for working out export development strategies, export planning, periodic appraisal and review of Policies….

This division monitors works relating to technical assistance ,management services of exports, and overseas investment by Indian companies ..

Foreign trade territorial division

• ..deals with development of trade with different countries and regions of the world

• It handles the work connected with state trading, barter deals, organization of trade fairs, and commercial publicity ..

• It also liaison with Indian Trade Missions abroad and attends the administrative functions of the ministry …

Export industry division

• It deals with the those industries, which are related with export oriented business…. products such as RMG/ HANDICRAFTS/JUTE/FIBRES/ WOOLENS etc • EPZ s/EOUs/SEZ s …..

Autonomous bodies

• Commodity boards• Export inspection councils • Indian Institute of foreign trade • Indian institute of packaging • Indian diamond institute• Export promotion councils • Federation of Indian exporters organization

Autonomous bodies

• Indian trade promotion organization• Indian council for arbitration • Marine products export development

authority • Agricultural and processed food products

development authority • Export credit guarantee corporation of India • MMTC, STC etc

• Commodity Boards

• There are five statutory Commodity Boards under the Department of Commerce, Government of India. These Boards are responsible for production, development and export of tea, coffee, rubber, spices and tobacco.

• Coconut development Board is also an autonomous body which functions under the Ministry of Agriculture, Govt. of India. Commodity Boards help their members in product development, product innovation and technology up gradation. They assist exporters with overseas marketing, exchange trade delegations and ‘ provide information on export-import policies.

Tea Board • The present Tea Board set up under section 4 of

the Tea Act 1953, was constituted on 1st April 1954. It succeeded the Central Tea Board and the Indian Tea Licensing Committee which functioned respectively, under the Central Tea Board Act, 1949 and the Indian Tea Control Act, 1938 that were repealed. The activities of the two bodies had been confined largely to regulation of tea cultivation and export of tea as required by the International Tea Agreement then in force, and to promotion of tea consumption.

COFFEE BOARD

• The Coffee Board (Indian Coffee Market Expansion Board till 1948) is the lineal successor of the Indian Coffee Cess Committee, the First Statutory All Tndia Organization of the Indian Coffee Industry constituted by the Government of India, in response to the unanimous request of all Coffee Interests for an Organization and funds of their own for the improvement of the industry. The Coffee Board is a Statutory Body under the Coffee Act of 1942 (Act of 1942) having perpetual succession and a common seal, with powers to acquire and hold property, to contract and to sue and to be sued. Others ..can be home work for MIB ians

Spices Board The Spices Board was constituted as a Statutory Body on

26th February, 1987 under Section (3) of the Spices Board Act, 1986. The Board is headed by a Chairman with its head office at Kochi and is responsible for the development of cardamom industry and promoting the export of all the 52 Spices listed in the Spices Board Act, 1986. The primary functions of the Board include increasing the production and productivity of small and large cardamom; development, promotion and regulation of export of spices; assisting and encouraging studies and research for improvement of processing, grading and packaging of spices; striving towards stabilization of prices of spices for export and upgrading quality for export.

Tobacco Board The Tobacco Board was constituted as a Statutory Body

on 1st January, 1976 under Section (4) of the Tobacco Act, 1975. The Board is headed by a Chairman, with headquarters at Guntur, Andhra Pradesh, and is responsible for the development of the tobacco industry. The Board also has a Directorate of Auctions at Bangalore. The primary functions of the Board include regulating the production and curing of Virginia Tobacco; keeping a constant watch on the Virginia Tobacco market in India and abroad; ensuring fair and remunerative prices to growers; maintaining and improving existing markets and developing new markets abroad by devising appropriate marketing strategies.

Export Inspection councils Export Inspection Council of India

(Ministry of Commerce & Industry, Govt. of India)

New Delhi YMCA Building (3rd Floor)

1, Jai Singh Road, New Delhi - 110 001

Tel: +91 - 11 - 23365540 / 23748188

Fax: +91 - 11 - 23748024

E-mail: eic@eicindia.org

Export Inspection Council of India (EIC),the official certifying body of Govt. of India provides services of inspection and certification for quality and safety through Export Inspection agencies located in Delhi, Mumbai, Kolkata, Chennai and Kochi with a network of 41 sub-offices and also issues Certificates of Origin.

The EIC is a statutory organization functioning at New Delhi under the Ministry of Commerce, Govt. of India. It advises the Central Government on measures to be taken for sound development of export trade of India through Quality Control and Inspection.

• The Export Inspection Council was set up as a Statutory Body on 1st January, 1964 under Section 3 of the Export (Quality Control and Inspection) Act, 1963 to ensure sound development of export trade of India through Quality Control and Inspection and for matters connected therewith. The Council is an advisory body to the Central Government, with its office located at New Delhi and is headed by a Chairman. The Executive Head of the EIC is the Director of Inspection & Quality Control. The Council is assisted in its functions by the Export Inspection Agencies (EIAs), which are field organizations located at Chennai, Delhi, Kochi, Kolkata and Mumbai and have state-of-art laboratories for quality certification activities.

main functions

• Quality Control and Certification of products for exports, both statutory and voluntary through various types of certification such as consignment wise or a system approach. Products covered include food items such as Fish & Fish Products, Dairy Products, Poultry Meat Products, Honey and Meat and Meat Products, Spices, Basmati Rice and Non food items such as Engineering items, Chemicals, Footwear etc.

• Product Testing for certification• Issue of Certificates of Health and Certificate of Authenticity

to exporters under various schemes for various products

INDIAN INSTITUTE OF FOREIGN TRADE

INDIAN INSTITUTE OF FOREIGN TRADE

IIFT Bhawan,

B-21, Qutab Institutional Area

New Delhi-110 016.

Tel. 26965124, 26965051, 26966563

Fax: 26968314, 26966165

IIFT functions //• The Indian Institute of Foreign Trade was registered in

May, 1963 under the Societies Registration Act, 1860. The Institute, with its head office at New Delhi and one regional branch at Kolkata, is headed by a Director. The Institute has been conferred “Deemed University” status and is engaged in the following activities:-

• Running academic courses leading to issue of degrees in International Business & Export Management;

• Training of personnel in international trade; • Organizing research on issues in foreign trade, marketing

research, area surveys, commodity surveys, market surveys; and

• Dissemination of information arising from its activities relating to research and market studies.

Indian Institute of Packaging (IIP) The Indian Institute of Packaging was registered in

May, 1966 under the Societies Registration Act, 1860. The Institute, with its office located at Mumbai and branch offices at Delhi, Chennai, Kolkata and Hyderabad, is headed by a Director. The main function of the Institute is to undertake research on raw materials for the packaging industry, organize training programmes on packaging technology and stimulate consciousness of the need for good packaging.

The Marine Products Export Development Authority (MPEDA)

The Marine Products Export Development Authority was set up as a Statutory Body in 1972 under an Act of Parliament (No.13 of 1972). The Authority, with its headquarters at Kochi and field offices in all the Maritime States of India, is headed by a Chairman/Chairperson. The Authority is responsible for development of the marine industry with special focus on marine exports. Besides, it has Trade Promotion Offices at Tokyo (Japan) and New York (USA).

Agricultural and Processed Food Products Export Development Authority (APEDA)

• The Agricultural and Processed Food Products Export Development Authority was set up in 1986 as a Statutory Body under an Act of Parliament of 1986. The Authority, with its headquarters at New Delhi, is headed by a Chairman. The Authority has five Regional Offices at Guwahati, Hyderabad, Kolkata, Bangalore & Mumbai and is entrusted with the task of promoting agricultural exports, including the export of processed foods in value added form. APEDA has also been entrusted with monitoring of export of 14 agricultural and processed food product groups listed in the Schedule to the APEDA Act.

State Trading Corporation of India Limited (STC)

• STC was set up on 18th May, 1956, primarily with a view to undertake trade with East European Countries and to supplement the efforts of private trade and industry in developing exports from the country. The core strength of STC lies in handling exports/ imports of bulk agro commodities.

• STC has diversified into exports of steel raw materials, gold jewellery and imports of bullion, hydrocarbons, minerals, metals, fertilizers, petro-chemicals, etc. Achieving record breaking performances year-after-year, STC is today able to structure and execute trade deals of any magnitude, as per the specific requirement of its customers.

MMTC Limited

• The MMTC Limited (Minerals and Metals Trading Corporation) created in 1963 as an individual entity on separation from State Trading Corporation of India Ltd. has grown to become the largest trading Organization in India. In 1970, MMTC took over imports of fertilizer raw materials and finished fertilizers. Over the years import and exports of various other items like steel, diamonds, bullion, etc. were progressively added to the portfolio of the company.

PEC Limited

• The PEC Ltd (Project and Equipment Corporation of India) was carved out of the STC in 1971-72 to take over the canalized business of STC’s railway equipment division, to diversify into turn-key projects especially outside India and to aid & assist in promotion of exports of Indian engineering equipment. PEC became an independent company directly owned by Government of India w.e.f. 27.03.1991.

Export Credit Guarantee Corporation of India Ltd. (ECGC)

• The Corporation was established in 1957 as the Export Risk Insurance Corporation of India Ltd. The ECGC is the premier organization in the country, which offers credit risk insurance cover to exporters, banks, etc. The primary objective of the Corporation is to promote the country’s exports by covering the risk of export on credit.

• It provides (a) a range of insurance covers to Indian exporters against the risk of non-realisation of export proceeds due to commercial or political causes and (b) different types of guarantees to banks and other financial institutions to enable them to extend credit facilities to exporters on liberal basis.

India Trade Promotion Organization (ITPO)

India Trade Promotion Organization has been formed by merging erstwhile Trade Development Authority (TDA) with Trade Fair Authority of India (TFAI) with effect from 1st January 1992. India Trade Promotion Organization is the premier trade promotion agency of India and provides a broad spectrum of services to trade and industry so as to promote India’s exports.

Export Promotion Councils (EPCs)

• Chemexcil • CAPEXIL • Pharmexcil • Cashew Export Promotion Council • Council for Leather Exports • Engineering Export Promotion Council, • Gems & Jewellery Export Promotion Council • Project Exports Promotion Council of India (PEPC) • Plastics Export Promotion Council • Shellac Export Promotion Council • Sport Goods Export Promotion Council • Export Promotion Council for EOUs & SEZ Units • Indian Oil Seeds & Produce Exporters Association, • Services Export Promotion Council

Advisory Bodies Board of Trade (BOT) :• The Board of Trade was set up on 5th May, 1989 with a view to provide

an effective mechanism to maintain continuous dialogue with trade and industry in respect of major developments in the field of International Trade. The Board was reconstituted on 16th July, 2009 under the Chairmanship of Commerce & Industry Minister.

• The Board, inter-alia advises the Government on policy measures connected with the Foreign Trade Policy in order to achieve the objectives of boosting India’s exports. The Board is required to meet at least once every quarter and make recommendations to Government on issues pertaining to its terms of reference. The Board has the power to set up sub-committees and to co-opt experts to these and to make recommendations on specific sectors and objectives.

Export Promotion Board (EPB) The Export Promotion Board functions under the

Chairmanship of the Cabinet Secretary to provide policy and infrastructural support through greater coordination amongst concerned Ministries for boosting exports. Secretaries of Department of Commerce; Ministry of Finance; Department of Revenue; Department of Industrial Policy & Promotion; Ministry of Textiles; Department of Agriculture & Cooperation; Ministry of Civil Aviation and Ministry of Surface Transport represent their Ministries in the Board.

Inter State Trade Council • The Inter State Trade Council was set up on 24th June, 2005 with

a view to ensure a continuous dialogue with State Governments and Union Territories which, inter-alia, advises the Government on measures for providing a healthy environment for international trade in the States with a view to boost India’s exports.

• The Council is represented by Chief Ministers of the States or State Cabinet Ministers nominated by Chief Ministers, Lt. Governors or Administrators of the Union Territories or their nominees, Secretaries of the Departments of Commerce, Revenue, Industrial Policy & Promotion, Agriculture & Cooperation, Shipping, Road Transport & Highways, Ministries of External Affairs and Power and Chairman, Railway Board. It also co-opts the Chairman-cum-Managing Director of ECGC, Managing Director of EXIM Bank, Deputy Governor of Reserve Bank of India, Chairman of APEDA, Chairman of MPEDA and Presidents of CII, FICCI, FIEO, ASSOCHAM and Export Promotion Council for EOUs/SEZs.

Federation of Indian Export Organizations (FIEO)

The Federation of Indian Export Organizations is an apex body of various export promotion organizations and institutions with its major regional offices at Delhi, Mumbai, Chennai and Kolkata. It provides the content, direction and thrust to India’s global export effort. It also functions as a primary servicing agency to provide integrated assistance to its members comprising professional exporting firms holding recognition status granted by the Government, consultancy firms and service providers.

Indian Council of Arbitration (ICA)

The Indian Council of Arbitration, India’s premier Arbitral Institution, is a Society registered under the Societies Registration Act, 1860 operating on no profit basis, with its head office in New Delhi and eight branches with a pan India network. The organization originally established in 1965 promotes and administers the use of Alternative Dispute Resolution mechanisms in commercial disputes, thereby expediting dispute resolution and encouraging greater domestic and international commerce.

The main objectives of the Council are to promote the knowledge and use of arbitration and provide arbitration facilities for amicable and quick settlement of commercial disputes with a view to maintaining the smooth flow of trade, particularly export trade on a sustained and enduring basis.

Indian Diamond Institute (IDI)

With the objective of enhancing the quality, design and global competitiveness of the Indian Jewellery, the Indian Diamond Institute was established as a Society in 1978 with its office located at Surat. The Institute is sponsored by the Department of Commerce and patronized by the Gems and Jewellery Export Promotion Council. The Institute conducts various diploma and other courses related to diamond trade and industry. The Institute also has certification services for diamonds, coloured stones and gold jewellery…

Footwear Design & Development Institute (FDDI)

Footwear Design and Development Institute was set up in 1986 as a Society registered under the Societies Act, 1860 for Infrastructure Development for the footwear industry and Human Resource Development. The Institute conducts wide range of long term and short term programmes in the area of Retail Management, Fashion, Footwear Design, Technology, Management, Fashion Merchandising, Marketing, Creative Designing & CAD/CAM, Leather Goods & Accessories Design etc. FDDI established its new campus at Fursatganj, Rae Bareli which commenced academic programmes from September, 2008.

National Centre for Trade Information (NCTI)

National Centre for Trade Information was set up in 1995 under the aegis of Ministry of Commerce & Industry with a view to create an institutional mechanism for collection and dissemination of trade data and improving information services to the business community, especially small and medium enterprises. NCTI is promoted by India Trade Promotion Organization (ITPO) and National Informatics Centre (NIC). NCTI is the Operational Trade Point in India under the Trade Efficiency Programme of United Nations Conference on Trade & Development (UNCTAD) and is also the recognized Focal Point of Trade Analysis and Information System (TRAINS) of UNCTAD Trade Point Development Centre (UNTPDC).

Price Stabilization Fund Trust The Price Stabilization Fund Scheme (PSF) was

launched by Government of India in April 2003 against the backdrop of decline in international and domestic prices of tea, coffee, rubber, and tobacco causing distress to primary growers. The objective of the Scheme is to safeguard the interests of the growers of these commodities and provide financial relief when prices fall below a specified level without resorting to the practice of procurement operations by the Government agencies. The Scheme is being operationalized through the Price Stabilization Fund Trust.

Major Schemes implemented by the Department under the Plan & Non- Plan Schemes

• Marketing Development Assistance (MDA) • Duty Drawback Scheme • Assistance to States for Development of Export Infrastructure and Allied Activities (ASIDE)• National Export Insurance Account (NEIA) • Investment in ECGC • Export Inspection Council (EIC) • Market Access Initiative (MAI) • Indian Institute of Foreign Trade (IIFT) • Indian Institute of Packaging (IIP)

• Centre for WTO Studies • Indian Institute of Plantation Management (IIPM) • Modernisation of DGFT • Modernisation of DGCI&S • Computerisation DGS&D • APEDA • MPEDA • Schemes under Tea Board • Schemes under Coffee Board • Schemes under Rubber Board • Schemes under Spices Board

National Export Insurance Account (NEIA)

• The objective of NEIA is to promote project exports from India, which may not take place but for the support of a credit risk insurance cover which the ECGC is not in a position to provide because of its own underwriting capacity. The objectives of NEIA were expanded by the Government in December, 2008, in view of the Global Financial Crisis, to provide for short term cover also.

Market Access Initiative (MAI) Scheme

• The Market Access Initiative (MAI) Scheme is a Plan Scheme formulated to act as a catalyst to promote India’s exports on a sustained basis, based upon ‘Focus Product’ and ‘Focus Market’ concept. The Scheme was revised after a thorough review and extensive consultation with all the stake holders in the year 2006 and the revised Scheme was launched with effect from January, 2007. The revised Scheme embodies enhancement of scope of the Scheme, increase in the number of eligible agencies and increase in scale of assistance.