International Cooperative Trade Network Presentation By Bhagwati Prasad Chief Executive National Cooperative Union Of India New Delhi (India)

International Cooperative Trade Network Presentation Covers 1.Introduction 2. Formulation of a New Organization 3. Membership 4. Establishing Global Cooperative Trade Network 5. Online Trading

International Cooperative Trade Network Introduction: International Trade is an exchange of Goods and services across international boundaries or territories. In most countries, it contributes a significant share in the GDP. International trade has been present throughout the history (silk rout, amber rout etc.). Its economic, social and political importance has been on the rise in recent centuries particularly after globalisation. Due to globalisation, the whole world has became a market place for international trade where most of the countries are participating for exchange of goods and services in a big way.

International Cooperative Trade Network Business operations of cooperatives basically has been limited to domestic markets so far with few exceptions. But due to the challenges of globalization and privatization, the cooperatives are left with no option but to extend their business operations across their national territorial boundaries. So far cooperatives are doing international trade in a very limited way in certain countries without any systematic approach. Therefore, there is a need to systematise international trade through cooperative network.

International Cooperative Trade Network At present there is no cooperative organisation at international level which can network cooperative trading organisations and facilitate them in export/import of their products across their countries. Therefore, for networking of international trade through cooperatives, there is a need for an international cooperative trade organisation. This role can be played either by an existing international cooperative organisation or a new organisation may be established in any potential country having area of operation around the globe. Formulation of Cooperative International trade organisation

International Cooperative Trade Network Objectives: To facilitate global inter Cooperative trade To provide information about demand/supply in Global Market To manage better prices for Commodities to Coops To facilitate global e-trading to cooperatives To network cooperatives for technology transfer To facilitate all services such as banking, transportation, warehousing, communication, manpower, marketing etc. at one place To create a database of international trade through cooperatives

International Cooperative Trade Network Membership: Membership to such cooperative international trade organisation shall be open to all cooperatives engaged in international trade of various countries.

International Cooperative Trade Network Capital Capital required for running this organisation may be mobilised through the following sources : 1. Membership fee 2. Commission on trade 3.Advertisements 4. Consultancy

International Cooperative Trade Network Creation of a Portal : For online networking of international cooperative trade, a website with suitable name such as Coop or any other name be created with the following features : 1.Registration of member/member cooperatives 2.Profile of the member organisation 3.International trade business a) import: existing/future potential i) commodities ii) Countries from iii) Volume iv) Value

International Cooperative Trade Network Creation of a Portal : b) Export : existing/future potential i) commodities ii) Countries to iii) Volume iv) Value Agriculture, Industrial Handloom, Handicraft Dairy, Processing, Consumers Software, Hardware Electronics…. etc 4. Business Sector :

International Cooperative Trade Network 5. Products of Import/ Export Sugar Pulses Fruits Vegetables Flowers Computers Garments Ceramics Cotton Fertilizers……..etc

International Cooperative Trade Network 6. Certification/Rating Organizational Rating Products Rating Financial Credibility Certification World Ranking

International Cooperative Trade Network 7. Service Providers Bankers Transportation Raw Materials Labour Warehousing Telecommunication Manpower Marketing Legal Matters etc

International Cooperative Trade Network 8. Discussion Forum 9. Feedback 10. FAQ’s 11. Advertisement 12. Global Tenders 13. News & Events

International Cooperative Trade Network “Let us decide to have a New Beginning for Cooperatives” through Initiating the process of Networking of Trading partners

International Cooperative Trade Network