DGFT to hosts National Conference on Strategic Trade Controls in New Delhi

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Ministry-of-External-Affairs-indianbureaucracy
Ministry-of-External-Affairs-indianbureaucracy

IndianBureaucracy, New Delhi – The Directorate General of Foreign Trade (DGFT), in collaboration with the Ministry of External Affairs (MEA) and other Government Agencies, is set to conduct the National Conference on Strategic Trade Controls (NCSTC) to address compliance concerns related to the export of dual-use goods, software, and technologies.

Scheduled for January 30, 2024, at Vigyan Bhawan, New Delhi, the conference will bring together industry leaders and top government officials to discuss the trade regime of dual-use items falling under the Special Chemicals, Organisms, Materials, Equipment, and Technologies (SCOMET) List. The focus will be on streamlining SCOMET Policy, licensing processes, enforcement mechanisms, and supply chain compliance programs.

Key international speakers, including representatives from the Chair of the 1540 Committee of the United Nations Security Council (UNSC) and the Chair of the Missile Technology Control Regime (MTCR), alongside senior government officials such as the Commerce Secretary, Member (Customs) of CBIC, and the Director General of DGFT, are expected to address over 500 industry representatives attending the conference.

The NCSTC aims to facilitate discussions on India’s Strategic Trade Control System, emphasising legal and regulatory frameworks, steps taken to streamline SCOMET policies and licensing processes, and the enforcement mechanism and supply chain compliance programs. The conference also serves as an outreach to industries dealing in sectors regulated under India’s SCOMET list, encompassing special materials and high-tech equipment, chemicals, biotechnology, defense, aerospace, electronics, semiconductors, telecommunications, information security, etc., and related software and technology.

Industry leaders will share their experiences related to the export of dual-use goods and technologies during thematic sessions throughout the day-long conference. India, in alignment with international conventions, regulates the export of dual-use items, nuclear-related items, and military items, including software and technology, under the SCOMET list, notified by DGFT under the Foreign Trade Policy.

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