Govt Reviews Trade Risks Amid West Asia Tensions, Assures Steps To Prevent Disruptions

• Government convened inter-ministerial meeting with exporters and logistics stakeholders to assess impact of West Asia tensions on India’s trade flows.
• Consultations followed US-Israel military strikes on Iran and Iran's retaliatory attacks, affecting global commercial hubs.
• Discussions covered operational challenges like route diversions, longer transit times, freight costs, and impact on time-sensitive shipments.
• Stakeholders emphasized predictable cargo movement, smooth documentation, and payment processes.
• Government assured continuity of EXIM logistics, strengthening supply chain resilience, and protecting exporters' interests, especially MSMEs.