FIEO welcoming the Mid-Term Review of the Foreign Trade Policy, Ganesh Kumar Gupta, President, FIEO said that the 2 per cent increase in the MEIS rates for labour intensive sectors such as leather, carpets, handicrafts, tools, marine, medical & scientific products and services such as accountancy, architecture, legal, education, hotel and restaurant will provide much needed respite to these sectors which are facing huge competitiveness from other countries. The trust based system for the grant of Advance Authorization for no norms cases for exporters registered as Authorised Economic Operators(AEO) marks a new beginning of reliance on trade and will encourage exporters to apply for AEO Scheme which facilitate customs clearance both in India as well as abroad.