The Commerce Ministry on Friday said it has constituted a High Level Advisory Group (HLAG) to look into the challenges emanating from the current global trade scenario and suggest ways to boost the country’s goods and services exports.
The formation of the panel was approved by commerce and industry minister Suresh Prabhu, the ministry said in a statement.
“HLAG will consider ways for boosting India’s share and importance in global merchandise and services trade, managing pressing bilateral trade relations and mainstreaming new age policy making,” it said.
The panel will examine the prevailing international trade dynamics, the rising protectionist tendencies, non-engagement by some countries on outstanding trade negotiation issues and their insistence on pursuing negotiating mandates.