Jan 29: The 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), focusing on India’s Strategic Trade Control [related to Special Chemicals, Organisms, Materials, Equipment and Technologies (SCOMET) and Export Controls] system and its International Best Practices, for ensuring compliance related to the export of dual-use (industrial and military) goods, software and technologies.
The conference will be held on the 30th of January, 2024 at Vigyan Bhawan, New Delhi. Registrations for the conference have been invited by DGFT from all the interested industry and other stakeholders, through its website and other relevant platforms. Key International speakers including the Chair of the 1540 Committee of the United Nations Security Council (UNSC) and the Chair of the Missile Technology Control Regime (MTCR), senior government officials including the 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 is expected to see participation from officials of various departments/organisations of the Government of India which are part of India’s Strategic Trade Control System and the Industry. 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.
During the conference, various Industry leaders will also share their experiences related to exporting dual-use goods and technologies. 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 to streamline the SCOMET policy and licensing processes, the enforcement mechanism and supply chain compliance programs.
As part of India’s Strategic Trade Control system and under the relevant control lists, guidelines and provisions of the international conventions, mechanisms and regimes, India regulates the exports of dual-use items, nuclear-related items, and military items, including software and technology under the SCOMET list, which DGFT notifies under the Foreign Trade Policy.
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