Freight forwarders with NCTF
The Government of India constituted a National Committee on Trade Facilitation (NCTF) under the Chairmanship of the Cabinet Secretary to develop the pan-India roadmap for trade facilitation.
The move is a follow up of India’s ratification of the WTO Agreement on Trade Facilitation (TFA) in April 2016. Major trade associations as members of NCTF include Confederation of Indian Industry (CII), Federation of Indian Chambers of Commerce (FICCI), Federation of Indian Export Organisations (FIEO), Associated Chambers of Commerce of India (ASSOCHAM), Federation of Freight Forwarders’ Associations in India (FFFAI), etc and Joint Secretary, Customs, CBEC will be its member secretary. Commenting on the formation, Samir Shah, Chairman, FFFAI said, “It’s a pragmatic step towards achieving the goal of WTO Trade Facilitation Agreement. We are very happy that the government has taken FFFAI as its member to add the freight forwarding industry perspective. Our federation would provide NCTF with all necessary inputs based on the feedback from the freight forwarding community in India to benefit the foreign trade and the country’s economy at large.”