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The Government continues to engage pro-actively with SAARC countries to strengthen trade and economic relations. Issues impacting bilateral trade, raised by these countries, are taken up for an early resolution. Bilateral and multilateral trade discussions are held with these countries from time to time, to explore mechanisms for enhancement of cross border trade.
Government has set up Border Haats at India-Bangladesh border to promote well-being of the people dwelling in remote areas by establishing traditional system of marketing the local produce through local markets. Issues relating to improvement of trade infrastructure in the form of upgradation of Land Custom Stations are also being coordinated between the concerned states and the neighboring countries.
Further, assistance is provided under Market Access Initiative(MAI) and Market Development Assistance(MDA) schemes to Indian exporters, Export Promotion Councils, Apex Trade Bodies etc for participation in events in foreign countries, including countries in neighborhood.
This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Lok Sabha.
Cross-border trade facilitation expanded through border haats, upgraded customs stations and targeted export support schemes. Cross-border trade facilitation with SAARC neighbours is pursued through proactive government engagement in bilateral and multilateral discussions to address trade impediments and improve trade infrastructure. The Government has established Border Haats at the India-Bangladesh border and coordinated upgradation of Land Custom Stations, while providing export promotion support under the Market Access Initiative and Market Development Assistance schemes to exporters and trade bodies for participation in foreign events.Press 'Enter' after typing page number.