FTP-4

Foreign Trade Promotion : 

Foreign Trade Promotion 30 May 2010

Support Organizations : 

Support Organizations Promote Foreign trade Trade fairs Education and research Arbitration Inspection Financing and Guarantee EXIM Bank ECGC

ITPO : 

ITPO India Trade Promotion Organization Ministry of Commerce agency Holds international trade fair in India Auto Expo, bi-annual event held in Delhi Trade centers existing Pragati Maidan, New Delhi EPIP Whitefield, Bangalore Chennai Trade Center Proposed center in Guwahati for NE India Buyer-seller meets, conferences, seminars Trade fairs abroad

IIFT : 

IIFT Indian Institute of Foreign Trade Set up in 1963 by the Government of India Located in Delhi and Kolkata An autonomous organisation to help professionalize the country's foreign trade management Increase exports by developing human resources; generating, analysing and disseminating data; and conducting research. Today it is one of India's most prestigious business schools Offers MBA programs, Ph.D, PG diplomas and international exchange programs

ICA : 

ICA Indian Council of Arbitration Set up as a registered society Promotes settlement of disputes for traders Guarantee institution of the department of commerce Eligible for MDA scheme Located in Delhi

FIEO : 

FIEO Federation of Indian Export Organizations Represents Indian entrepreneurs Set up in 1965 by public-private partnership Export awareness workshops Pre-policy meetings Open house discussions

EIC : 

EIC Export Inspection Council of India Set up under Section 3 of the Export (Quality Control and Inspection) Act, 1963 Advisory body to GoI Notify commodities which will be subject to quality control / inspection prior to export Establish standards of quality for such notified commodities Specify the type of quality control/inspection to be applied to such commodities

EIC roles : 

EIC roles Consignment-wise inspection IPQC systems Self certification Food Safety management Pre-shipment certification Recognized internationally as the official export certification body of India

ECGC : 

ECGC Export Credit and Guarantee Corporation Established in 1957 Under administrative control of Commerce Ministry Provides a range of credit risk insurance covers to exporters against loss in export of goods and services Offers guarantees to banks and financial institutions to enable exporters to obtain better facilities from them Provides Overseas Investment Insurance to Indian companies investing in joint ventures abroad in the form of equity or loan

ECGC helping exporters : 

ECGC helping exporters Offers insurance protection to exporters against payment risks Provides guidance in export-related activities Makes available information on different countries with its own credit ratings Makes it easy to obtain export finance from banks/financial institutions Assists exporters in recovering bad debts Provides information on credit-worthiness of overseas buyers