TRADE CONNECT E-PLATFORM (Syllabus: GS Paper 3 – Economy)

Context: Union commerce minister Piyush Goyal announced the launch of the Trade Connect ePlatform.

Trade Connect ePlatform 

• About: It serves as an intermediary connecting Indian exporters and entrepreneurs with international trade stakeholders.
• Objective: To increase the participation of Micro, Small and Medium Enterprises (MSME), and startups in exports, a move aimed at promoting exports with the involvement of small and medium traders.
• Empowering New Exporters: The portal aims to assist novice exporters in accessing crucial information and opportunities, particularly benefiting MSME traders who often face limitations due to a lack of knowledge about the trade mechanism.
• Inclusive Information Access: Designed with inclusivity in mind, the platform ensures that all users can easily obtain comprehensive information for export promotion activities, including vital contact details.
• Sector-Specific Events: The platform will offer access to sector-specific events, providing users with the opportunity to stay updated on industry developments and network with relevant stakeholders.