'Should not be concerned much about imports as long as exports' grow'

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India should not be overly concerned about imports as long as exports' share continues to grow, Commerce Secretary Sunil Barthwal said on Thursday.

The secretary said that one needs to avoid the mercantilist approach and should not bother too much about trade balance and imports.

He also said the world needs to avoid protectionism which creates more trade barriers and hinders movement of goods.

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Article Details

Category: BusinessFinance

Markets: India

Topics: India exports Trade data Commerce secretary Trade India imports Indian economy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 14:29:31 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 430 words

Reading Time: 3 minutes read

Sentences: 12 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24372661

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 300 posts per day

Year Established: 1975

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News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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