21 July 2017

FM Arun Jaitley releases National Trade Facilitation Action Plan

FM Arun Jaitley releases National Trade Facilitation Action Plan


Finance Minister Arun Jaitley released the National Trade Facilitation Action Plan. The WTO-Trade Facilitation Agreement (TFA) was a major milestone for the global trading system.

This Action Plan gives a time bound map, not only for implementing TFA, but also for India's initiatives for trade facilitation and ease of doing business which goes beyond TFA. According to a Finance Ministry statement, all actions covered under the plan have been categorised by prioritising the activities into short, mid and long term.

Important Takeaways from Above News-

  • Shri Arun Jaitley is the present Finance Minister of India.

Source- AIR World Service

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