On 28th September 2021, Hon. Commerce Minister Mr. Piyush Goel has extended the current Foreign Trade Policy up to 31.03.2022. He has said that we have an ambitious export target of $400 Billion for the year 2021-2022. Needless to say, whether new policy is introduced or old policy continues, we have to learn critical aspects of the policy, which impacts our business.
Most of the new FTAs particularly with EU, UK and UAE are likely to be concluded in early 2022. This is a critical subject for all International Trade players to understand. It is extremely important, that we get our legitimate benefit on our export products including better market access in these 3 markets.
Foreign Trade Policy (FTP)
- Latest amendments in FTP with reference to Advance Authorization & EPCG scheme
- EOUs and Manufacturing in Bond – future initiative
- MEIS & RODTEP – detailed analysis and allocation of funds by Ministry of Finance
- Potential District Hubs and E-commerce initiatives
- New digital initiatives of DGFT & Customs
Free Trade Agreements (FTA)
- Essential elements of FTAs and how to ask for duty concessions on Indian goods
- GSP System and FTA with USA
- REX System – impact of GSP on negotiations of FTAs with EU & UK
- Concepts such as regional value content, non-tariff and tariff barriers, technical standards etc.
- Preferential Certificate of Origin and CAROTAR 2020 – precautions to be taken by importers and compliance issues
Faculty Profile: Sudhakar Kasture
▪ Masters in Foreign Trade (M.F.T) and is an International Trade Consultant with experience of over 4 decades. ▪ Partner of Generation Next Business Consulting, Director of Helpline Impex Pvt. Ltd. and EXIM institute. ▪ Advisor and consultant to companies like HUL, Siemens, Godrej Group, Blue Star, BPCL, Marico, Huber Group, ThyssenKrupp, among many more in the field of foreign trade policy and WTO related issues. ▪ Conducted various tailor-made training programmes for corporates such as Aditya Birla Group, Asian Paints, Atlas Copco, Aurobindo Pharma, Balmer & Lawrie, BDP International, BPCL, Forbes Marshall, Godrej, HPCL, IOCL, L&T, Michelin India, NOCIL, PwC, Tata Steel etc. and institutions such as AIFMP, AIRIA, BCCI, CII, CAPEXIL, CHEMEXCIL, ECGC, Exim Bank, FEDAI, FIEO, GCCI, IGCC, PHARMEXCIL and banks such as YES Bank, AXIS Bank, DBS Bank, ICICI Bank, Union Bank, etc. ▪ Conducted Trade Analysis for the products under the purview of SHEFEXIL, PHARMEXCIL and CHEMEXCIL, with specific reference to India’s current and proposed Free Trade Agreemen.
Training Dates: Wednesday,6th October 2021| 10:00 am to 5:00pm
Fees: Rs. 5000/- + 18% GST = Rs. 5900
Venue: at IGTC Mumbai or you can also participate online via MS Teams.