VSEZ holds outreach program on India-UK trade pact

Visakhapatnam Special Economic Zone (VSEZ) has organised outreach programme on India-UK Comprehensive Economic and Trade Agreement (CETA).

VSEZ Joint Development Commissioner Roshni Korati in her inaugural address stated that the outreach programme is organised on the directions of Commerce & Industry Minister Piyush Goyal to generate awareness among exporters on the provision of India-UK CETA.

VSEZ Zonal Development Commissioner Srinivas Muppaala highlighted the key provisions of CETA such as duty free access of goods, rules of origin, public procurement, market access for services and double contribution convention.

Principal Commissioner of Customs, Visakhapatnam N. Sridhar stated how the exporters in Andhra Pradesh benefit from operationalisation of India-UK CETA.

Deputy Mayor Aarien Uday Areti of the Royal Borough of Kensington and Chelsea emphasised that Indian exporters need to work on improving the quality standards especially in the agriculture and food processing sectors as the they are subjected to stricter quality checks. He emphasised that India and UK stand will significantly benefit from India-UK CETA.

A presentation on “India-UK CETA: Opportunities for Indian exporters” waa given by A.V. Siva Prasada Reddy, Deputy Development Commissioner, VSEZ stressing the India-UK Trade Dynamics, Salient features of India-UK CETA and Sector-wise opportunities for Indian exporters.

Managing Director, Sravan Shipping G. Sambasiva Rao and Chairman, EPCES (Export promotion counsil for Eou & SEZ) Srikanth Badiga shared their valuable perspectives from Industry.