Union Government constitutes NCTF

Q.  Union Government on 12th August 2016 constituted the NCTF. What does NCTF stand for?
- Published on 17 Aug 16

a. National Committee on Trade Facilitation
b. National Committee on Technical Facilitation
c. National Committee on Trade Forces
d. National Council on Trade Facilitation

ANSWER: National Committee on Trade Facilitation
 
Union Government on 12th August 2016 constituted the National Committee on Trade Facilitation. Committee seeks to develop a pan India roadmap for trade facilitation as per the TFA or Trade Facilitation Agreement of the World Trade Organisation.
  • On April 22, 2016, India ratified the TFA which was the result of the Bali Package 2013 or Ninth Ministerial Conference of the WTO.
  • It is an inter-ministerial body on trade facilitation which will be the national level body that will facilitate domestic coordination and implementation of TFA provisions.
  • This will synergise the various trade facilitation perspectives across the nation and the focus will be on outreach programme for sensitisation of stakeholders.
  • Committee will have a 3 tier structure with the main national committee for implementation of TFA.
  • It will also be headed by Union Cabinet Secretary Pradeep Kumar Sinha at apex level.

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