Inputs on Stakeholder Consultation for study on ‘Trade Finance ecosystem in
India: Regarding
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Dear Sir/Madam,
We are in receipt of communication from Trade Finance Division, Directorate General of Foreign Trade, HQ informing that department is conducting a study on ‘Trade Finance ecosystem in India’ and benchmarking global leading practices.
The objective is to identify the current challenges faced by the institutions across the entire Trade Finance supply chain. The study will help the department to assess the key gaps and make necessary recommendations to ensure seamless facilitation of Trade Finance in India. Getting inputs for this study is important for the successful completion of this study.
In view of above members are requested to share inputs on following pointers.
1. What technology or a digital platform are you leveraging towards facilitating trade finance?
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S.No.
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Name of the Digital Platform/ Website
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What are the special features of this platform/ website
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Mention the different information buckets covered by this platform/ website
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2. What should be the key considerations in bringing the trade finance promotion, policymaking, and regulation under one umbrella to bring in more efficiency in the trade finance ecosystem of India?
3. What are the challenges faced by the exporters while applying for export credit support across different stages of trade finance supply chain? Provide your response in the table below.
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Categories
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Legal Challenges
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Infrastructure related Challenge
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Policy/ regulatory Challenges
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Awareness related Challenges
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Other challenges
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Pre-shipment
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Post-shipment
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Factoring/ Forfaiting
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Others
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Note: Please indicate “No comments” if you have no comments to offer for any specific point. In case of any further remarks, please add under ‘other challenges’ column above.
Please share above details on pw@chemexcil.in with copy to dg@chemexcil.in on or before 20th May 2024.
Thanks and Regards
Raghuveer Kini
Director General
CHEMEXCIL