The significance of ITPO in the Sri Lankan export sector
Under the Indo Sri Lanka Free-trade Agreement sign in 1998, the
Government of India is under obligation to grant duty free access to all
exports from Sri Lanka or in turn of items freely imported to India
under the schedule list of item agreed upon.
50% margin of preference for items are allowed as per a schedule
period of operation and nothing in the agreement shall prevent any party
of taking action and adopting measures necessary for the protection of
national security, political, morals or public life.
The agreement is reviewed by a joint committee at ministerial level
on the removal of tariff operational within a schedule period the items
for export are listed and categorised under the HS Code. Indian Trade
Promotion Organization (ITPO) provides a wide spectrum of services on
trade and industry, acts as a catalyst for growth of India's Trade.
It is an armed agency of the government of India ITPO approves
fostering of International Trade Fairs in India and regulates of holding
various expositions within India to avoid any duplication of Trade
promotional efforts.
ITPO Managers India's only would class exhibition complex spread over
hundred and forty nine acres of prime lands in the heart of India's
capital. It offers 67.445 sq. mtrs of exhibition space an open display
area.
ITPO has extensive infrastructure as well as marketing and
information facilities which are availed both by exporters and
importers. It provides information relating to outsourching from India,
availability of prices, delivery schedules, exporters credit worthiness,
trade and information policy and information on joint venture an
investment capabilities.
ITPO concentrates on specific buyers in overseas markets, specific
exports and specific products. It is this micro or pinpointed approach
to export promotion which marks it out from other export promotion
bodies in the country.
ITPO range of activities are as follows:
Fix appointments with Indian exporters.
Organise visits to manufacturing units.
Arrange display of product for you
Local suitable manufacturers to carry out modification and product
adaptation.
Identify manufacturing units for export oriented joint ventures and
Supply data on capacity equipment quality control etc. about ITPO's
member firms. ITPO's activities are in keeping with the post
independence slogan "Buy India". ITPO services are available to overseas
buyers free.
With regard to problems of Sri Lankan exporters with their products
coming under control under the Indo Sri Lanka Free Trade Agreement the
service of ITPO is open for the export community.
E-mail
[email protected].
Bandula Nonis, Trade Information Service (EDB) |