Thursday, April 05, 2018

Economics Special: National Committee on Trade Facilitation (NCTF).

Consequent to India’s ratification of the WTO Agreement on Trade Facilitation (TFA) in April 2016, the National Committee on Trade Facilitation (NCTF) has been constituted.

  • The establishment of the Committee is part of the mandatory, institutional arrangement of the TFA.
  • NCTF is an inter-ministerial body on trade facilitation, which will be chaired by the Cabinet Secretary.
  • Its Secretariat will be housed within the Central Board of Excise and Customs (CBEC), in the Directorate General of Export Promotion, New Delhi. 
  • Objective behind setting up the NCTF is to facilitate domestic co-ordination and implementation of TFA provisions. 

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