Write short notes functions of Export Promotion Council (EPC).
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Export promotional Councils (EPC)
- EPC are authorities which are basically promoting, supporting and assisting firms in entering the International markets and realising their optimum potential from given resources.
- They also provide guidance and assistance to the exporters.
- In legal terms, export promotional councils are non-profit organisation registered as a company or society.
- Each Export promotional council is responsible for his particular group of products.
EPC PLAYS IN EXPORT IMPORT INDUSTRY
Promoting Government Schemes:
- Export Promotional Council (EPC) helps and promotes the exporters by making them aware of the government schemes and other benefits.
Collect and restoring data:
- Export Promotional Council (EPC) further promotes and collects the export data to compare the industry growth and solve any hurdle in between.
Sending trade delegations:
- To make arrangements for sending trade delegations and study teams to one or more countries for promoting the export of specific products
- and to circulate the reports of specific products and diversifying to new products.
Other roles:
- EPC also plays various roles at the policy level to promote and grow the industry.
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