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Govt Meets Stakeholders To Assess Impact Of Iran-Israel Conflict On Trade; Monitoring Situation
Kashmir Observer
|JUNE 21, 2025 ISSUE
The commerce ministry on Friday held consultations with key stakeholders, including shipping lines, exporters, container firms, and other departments, to assess the impact of the Iran-Israel conflict on India's overseas trade, an official said.
The meeting was chaired by Commerce Secretary Sunil Barthwal.
The participants informed that the situation in the Strait of Hormuz is currently stable and a ship reporting system is in place to monitor any incidents.
The freight and insurance rates are also being closely monitored, the official said.
The commerce secretary emphasised the need to assess the evolving situation and its impact on Indian trade, the official said. He highlighted the importance of exploring all possible alternatives in response to the situation.
Diese Geschichte stammt aus der JUNE 21, 2025 ISSUE-Ausgabe von Kashmir Observer.
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