About Trade Connect e-Platform:
- It is a new digital initiative aimed at transforming the landscape of international trade for Indian exporters, especially MSMEs (Medium, Small and Medium Enterprises).
- It will connect Indian Exporters, MSMEs and Entrepreneurs with various stakeholders including Indian Missions Abroad, Export Promotion Councils, and other Partner Government Agencies.
- The platform will provide information on trade events taking place in different parts of the world, benefits available due to India’s Free Trade Agreements (FTAs) and other international trade-related information and data.
- The platform, developed in collaboration with key partners including the Ministry of MSME, EXIM Bank, Department of Financial Services (DFS) and the Ministry of External Affairs (MEA).
- Significance
- This initiative aligns with the government’s broader vision of promoting a Digital India, fostering greater transparency, and empowering businesses by providing them with seamless access to crucial trade information.
- It will reduce the costs, lead times and complexities associated with global trade, ultimately ensuring that Indian businesses can thrive in the international marketplace.
