While addressing Heads of the Commercial Wings posted in 74 Indian Missions abroad across 61 countries on July 16, he called for trade intelligence gathering, including updates on market trends, sectoral developments, and regulatory frameworks to boost India’s exports.
India’s goods exports were 0.05% down on-year in June at $35.14 billion due to global economic uncertainties.
In his address, Goyal emphasized the need for “strategic interventions to address Market Access Barriers including Non-Tariff Barriers, Sanitary and Phytosanitary Measures, and Technical Barriers to Trade,” the commerce and industry ministry said in a statement.
He also called for sharing of innovative strategy and best practices that yield good results in trade promotion and attracting investment into India besides regular dissemination of trade advisories to identify demand-supply gaps and opportunities for Indian exporters and greater synergy among Missions, export promotion councils and Indian industry stakeholders.