Comm min assures exporters to protect their interests amid US tariff threat

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The story "Comm min assures exporters to protect their interests amid US tariff threat" was covered 14 hours ago by Economic Times, a news publisher based in India.

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Comm min assures exporters to protect their interests amid US tariff threat - Economic Times

Quick Summary:

The commerce ministry reassured domestic exporters, especially in labour-intensive sectors such as leather and textiles, of safeguarding their interests amid US tariff threats.

"We have suggested that certain petroleum products, which are not manufactured in India, can be imported," Udeshi said, adding the council urged the ministry for speedy issuance of environmental clearances as it would help double exports in the short to medium term.

"The ministry assured that India's export interests will be protected," they said, adding that the industry was advised not to be overly protective as "reciprocity" is the new world order at present.