CAIT to facilitate exporters

Indore: Traders’ body the Confederation of All India Traders (CAIT) will facilitate domestic exporters in setting up and expanding business in 51 countries. The traders’ body has said that it will help domestic exporters in international trade by assisting in documentations and office space in 51 countries for which a memorandum of understanding (MoU) would be inked with a United States based infotech company. Ramesh Gupta, national vice president at CAIT said, “We are working on extending international trade ties with 51 countries to assist our domestic exporters. Things are under process and we will soon sign a MoU with a US based infotech company.” According to CAIT, more than 5,000 trade associations representing 10 lakh traders are its members in Madhya Pradesh. Gupta said, exporters can use this office as their workplace in foreign countries. TNN