JAMMU, APRIL 17: Jammu and Kashmir Trade Promotion Organization (JKTPO) along with Noida Special Economic Zone (NSEZ) organized a one day workshop at Udyog Bhavan, Jammu for new and existing exporters from Union Territory of J&K on trade agreements with Australia and UAE besides benefits of Special Economic Zones.
Managing Director, JKTPO, Khalid Jehangir, setting the context of the workshop, stated that “J&K has the potential to be one of the best UTs for export in view of its diverse high volume and niche products. With the Free Trade Agreement with Australia and UAE, our exporters will get an opportunity to expand their trade to these countries”.
While highlighting the role of SEZs in increasing the exports, he highlighted the benefits of SEZs like GST exemption, custom duty exemption, ease of operations, availability of world class infrastructure etcetera,
He informed that India has signed a Free Trade Agreement with Australia and UAE which would reduce trade barriers and allows exporters to enter and compete more easily in their market. He highlighted the role of JKTPO in export promotion saying that the organization has organized many district level export awareness workshops, participated in international exhibitions and B2B events besides conducting Buyer Seller Meets. The frequency and number of events by JKTPO is expected to be increased this year giving enhanced opportunities to a greater number of exporters of the UT, he added.
