Seminar on Supply Chain Security
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Dr. R.K. Dhawan, Chairman, FIEO (NR) (3rd from left)addressing the seminar. On his left are, Mr. A. Sahasranaman, Advisor, TIDP; Mr. Chris Page, expert on Customs & Trade Facilitation from Maxwell Stamp PLC, UK and Mr. Dan Garcia, Senior Analyst, Supply Chain Integrity Management System, USA . On Dr. Dhawan’s right are, Mr. Sunil Agnihotri, Director, FIEO(NR); and Mr. Nipun Khurna, Asst. Programme Coordinator. |
With the ever increasing threats of global terrorism, safe transportation of cargo is assuming critical importance in international trade, says FIEO’s Northern Region Chairman Dr. R. K. Dhawan. At a Seminar organized by FIEO on 18th October at New Delhi on Supply Chain Security under EU India Trade & Investment Development Programme (TIDP), he said, a proper supply chain security mechanism was essential to ensure safe movement of international cargo, which involved multiple vendors spread across many countries.
Addressing the Seminar, an expert on Customs & Trade Facilitation from Maxwell Stamp PLC, UK, Mr. Chris Page informed that EU member states were becoming more concerned with the security of imported cargo that might contain illegal goods such as drugs, explosive materials or nuclear and chemical weapons. He said an effective supply chain security mechanism would not only prevent the entry of unsafe and illegal cargo but also prevent the incidence of theft of cargo. According to him, approximate annual theft of cargo recorded worldwide is worth 50 billion dollars and the unrecorded estimates are much higher than this.
Senior Analyst from US Supply Chain Integrity Management System, Mr. Dan Garcia on this occasion said that proper security measures were needed to be taken individually as well as collectively by exporters, intermediaries, logistics companies, shipping agents, freight forwarders, importers and all other players involved in international trade transaction. Use of modern IT systems may help these players in assessing potential risks to prevent any casualties, he added.
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"TIDP will set-up Investment Facilitation Desk across the country to assist Europeans to do business in India. TIDP also proposes to undertake creating dedicated Trade Portal, organizing training programmes on Intellectual Property Rights Enforcement and imparting training to custom officials."
Mr. Sahasranaman Advisor, EU India Trade and Investment Development Programme |
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A view of the audience |
