How will TDAP Function?
A stakeholder representative Board and an empowered Authority
The general direction and administration of the Trade Development Authority has been vested in a 28 member Board, constituted under the Chairmanship of the Minister of Commerce. The members of the Board make for a ‘holistic’ and strong representation of the key public (15) and private sector (12) members. The Chief Executive of the Authority will serve as the Vice-Chairman and the Secretary of the Authority will act as the secretary of the Board. The Board will meet a minimum of twice a year, and more times as deemed necessary for the performance of its function. The Board shall be the supreme decision-making body of the Authority having the power to supervise, control, direct and regulate the affairs of the Authority. All policy decisions, including any change in previously established policy, in respect of any and all matters within the jurisdiction of the Authority, shall be made only by the Board. The Board shall have the power to delegate any of its powers to the Chief Executive of the Authority. The Authority will serve as the Secretariat of the Board.
The Trade Development Authority will have all such powers, as may be necessary to perform its function of holistic planning and executing proactive strategies. The core values of TDAP are based on Accountability, Transparency, and Empowerment of its people to achieve the results agreed upon and have their performance appraised against those goals for identifying success.
The TDAP will be required to recommend to its Board a national policy for maximizing exports of goods and services from Pakistan by working through the Sectoral Committees that would allow the Authority to backward integrate and help organize the supply base. Similarly Advisory Committees and Facilitation Committees will help facilitate exporters’ capabilities and capacities; to achieve synergy in development of exports at the national level by forging effective liaison with private and public stakeholders. And most critically doing and causing to be done all aspects that relate to the global marketing and promotion of goods and services exports from Pakistan, over the medium term, to achieve a quantum leap in exports within 5 years from the completion of the seamless transformation process initiated.
A nine member (9) Executive Committee headed by the Federal Minister of Commerce as its chairperson (as Chairman of the TDAP Board) will be constituted by the Board to meet as often as needed to make decisions on behalf of the Board and that may delegate powers to the Executive Committee, from time to time, to act on behalf of the Board. The Executive Committee is comprised of 9 members with atleast 5 members representing the private sector perspective.
Funding of the Organization
TDAP, in its initial phase will be a government funded organization receiving annual grants from the Government of Pakistan. As it gains momentum in its organizational capacity, it will gear itself to generate revenues, like various TPOs around the world, to help finance its operations. |