Balasore: International trade barriers are slowly narrowing down and a new era of world trade is emerging global economy export and import trade will play a major role.
Odisha has lot of potential of exporting various commodities like, mineral, engineering, handicraft, textile, handloom, marine products etc. The Odisha products has a separate identity in foreign market. In this context Odisha performed exceptionally well in exports during 2016-17 by transacting business worth Rs. 40,872 crore – a 114 per cent increase over the previous financial year.
All the infrastructural facilities like inland container depot, full fledged Air Cargo Terminal at Bhubaneswar, International Cargo Terminal at Paradip will increase the potentiality of exports from the State. A full fledged testing laboratory set up by MPEDA & EIA also help the exporters to test their products.
A seminar on “Export Awareness and Documentation” was organized by Federation of Indian Exports Organisations (FIEO), Odisha Chapter in association with North Orissa Chamber of Commerce & Industry (NOCCi), and ICICI Bank Ltd. on 19th September 2018 at the NOCCi Business Park, Balasore. Sri Kunal Kumar, IRS, Asst. Commissioner of CGST, CE, Balasore Range inaugurated the seminar as the chief guest, presided by Shri Ramesh Kumar Mohapatra, State Head, FIEO, Odisha Chapter who also delivered the welcome address.
Sri Satya N Padhi, Regional Head, ICICI Bank, Bhubaneswar, Sri S. K. Jena, Branch Head, ECGC Ltd., Sri Dillip Kumar Mohapatra, Regional Head, ICICI Bank, Balasore spoke on various technical aspect like the rules & regulations related to different Govt. authorities like Customs & GST, Commercial Taxes, Directorate General of Foreign Trade, Export Credit Guarantee Corporation of India Ltd (ECGC) & Plant & Quarantine to guide them for handling their business in hassle free, apart from creating awareness amongst potential exporters. Expert Speakers delivered detailed presentation on the subject. The senior officials from FIEO and ICICI bank interacted with the participants and replied on doubts asked by the participants.
Entrepreneurs, representatives from export units, officials from banks, Start-ups, participated in this seminar. Sri Harish Patel, Secretary NOCCi offered a vote of thanks to all.