Trade Connect ePlatform Latest News
The Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, participated in two major B2B trade exhibitions this month to enhance awareness and adoption of the Trade Connect ePlatform.
About Trade Connect ePlatform
- It is a new digital initiative aimed at transforming the landscape of international trade for Indian exporters, especially MSMEs (Medium, Small and Medium Enterprises).
- It is an initiative of the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce & Industry.
Features of Trade Connect ePlatform
- It serves as a comprehensive hub of information and services on international trade for all stakeholders.Â
- It will connect Indian Exporters, MSMEs and Entrepreneurs with various stakeholders including Indian Missions Abroad, Export Promotion Councils, and other Partner Government Agencies.Â
- The platform will provide information on trade events taking place in different parts of the world, benefits available due to India’s Free Trade Agreements (FTAs) and other international trade-related information and data.Â
- It provides latest and updated information on tariffs, certifications, trade events, eCommerce, and buyers in a simplified manner to MSMEs.
- Interactive courses to introduce MSMEs to exports & related procedures across multiple languages are also provided.
- It also serves a single point of issuance and validation for preferential and non-preferential certificates of origin through a secure, electronic, paperless issuance process with all authorised issuing agencies being present on the platform.
- The platform, developed in collaboration with key partners including the Ministry of MSME, EXIM Bank, Department of Financial Services (DFS), and the Ministry of External Affairs (MEA).
Source: PIB
Trade Connect ePlatform FAQs
Q1: What is trade connect e-platform?
Ans: The Trade Connect e-Platform serves as a one-stop solution, providing exporters with near real-time access to critical trade-related information, while seamlessly connecting them to key government entities such as the Indian Missions abroad.
Q2: What is the purpose of DGFT?
Ans: It is responsible for formulating and implementing the Foreign Trade Policy with the main objective of promoting India's exports.