New Delhi: Directorate General of Foreign Trade, Department of Commerce in partnership with the Ministry of External Affairs (MEA) and other Government Agencies is organising the National Conference on Strategic Trade Controls (NCSTC). The conference will be held on 30th of January, 2024 at Vigyan Bhawan, New Delhi.
It will be focusing on India's Strategic Trade Control, related to Special Chemicals, Organisms, Materials, Equipment and Technologies (SCOMET) and Export Controls, systems and its International Best Practices. This is for ensuring compliance related to the export of dual-use - industrial and military-goods, software and technologies.
Key International speakers including the Chair of 1540 Committee of United Nations Security Council (UNSC) and the Chair of Missile Technology Control Regime (MTCR), senior government officials including Commerce Secretary, Member (Customs) of CBIC, Director General of DGFT,
etc. would be participating in the Conference and addressing the industry and other stakeholders. More than 500 industry representatives are expected to attend the conference.
The conference mainly focuses on outreach to the Industry especially for those dealing in sectors regulated under India’s SCOMET list including special materials and high-tech equipment, chemicals, biotechnology, defence, aerospace (comprising Drones/UAVs), electronics and semiconductors, telecommunications, information security, etc. and related software and technology.
The thematic sessions planned during the day-long conference will focus on various aspects of India’s Strategic Trade Control system, including the legal and regulatory framework, the steps taken to streamline the SCOMET policy and licensing processes, the enforcement mechanism and supply chain compliance programs.