<span style="color: #222222;">The Commerce Secretary Sunil Barthwal said on Tuesday, the five proposals put forth by India in front of the Technology and Investment Working Group have been welcomed by the Member countries and invitees. Addressing media persons in Bengaluru on the sidelines of the second meeting of TIWG that began on Tuesday, he said that the proposals put forward under G20 India Presidency were considered useful and the concept was welcomed by the Working Group members. These proposals will be discussed during the deliberations tomorrow. The five proposals from India are to evolve high level principles on digitisation of trade documents. This will prevent lengthy paperwork in cross border trade and enable the certificate of origin to be cleared through electronic channels.</span><br />'' <span style="color: #222222;">&nbsp;</span><br />'' <span style="color: #222222;">The second proposal is to prepare an action plan to create a Meta Information Portal for MSMEs for easy access to market and information on tariff, logistics and financial support. The third proposal is regarding creation of a framework for mapping global value chain and the fourth one is to create a compendium of best practices on Mutually Recognition Agreements. This will help the member countries to recognise the degrees and diplomas of each other countries helping job seekers to apply for jobs abroad. The fifth proposal is on G20 Regulatory dialogue to exchange good regulatory practices on quality standards.</span><br />
News On AIR | May 23, 2023 6:54 PM
Proposals put forward under G20 India Presidency considered useful and concept welcomed by Working Group members, says Commerce Secretary