In India, the Federation of Indian Export Organizations is a body by which a number of export promotion organizations and institutions are represented. It was founded in 1965 and has its registered office in Delhi. Furthermore, FIEO provides a familiar and organizing platform for various export organisations, including product councils and boards and service organizations. We will discuss the major activities of FIEO in this article.
Major Activities of FIEO
FIEO has undertaken the following activities:
1. Convening meetings and conferences
Conducting conferences, seminars, and workshops to evaluate, discuss, and evaluate India’s export prospects. It makes recommendations to the government and authorizes actions.
2. FIEO arranges round table conferences
The FIEO organizes round table conferences for trade missions and other business teams visiting India to discuss business concerns.
3. Inviting Economic and Trade Missions
The invitation of Economic and Trade Missions to India for a tour of its industrial and marketable centers.
4. Arranging media, exhibitions, advertisements
Promoting Indian goods and services overseas through media, exhibitions, advertisements, and publications.
5. FIEO Sponsors trade and economic missions
Additionally, FIEO sponsors trade and economic missions, export houses, consultancy firms, and study cam sales teams, which presents them with the opportunity to become members of sponsored trade and economic missions.
6. Promoting trade, economic and technical cooperation
In addition, FIEO promotes trade, economic and technical alliances between India and other countries through international seminars, which facilitate technical cooperation.
7. Maintaining Relationship with international Trade
FIEO, maintaining a relationship with international agencies such as the International Trade Centre (ITC), the World Trade Organization (WTO), the Economic and Social Commission for Asia and the Pacific (ESCAP), as well as the United Nations International Industrial Development Organization (UNIDO) and the International Labour Organization (ILO).
8. Chambers of commerce overseas are maintained by FIEO
In addition to maintaining contacts with overseas Chambers of Commerce, trade associations, and government departments, the FIEO also maintains contacts with the following. It gives the opportunity to gain knowledge about the perspective matter in the chamber of commerce.