Chennai:
Union Commerce Minister Nirmala Seetharaman on Friday has told exporters that it is ready to offer support to industry which is hit by international currency volatility and global exports slowdown.
Speaking after handing over the Exports Excellence Awards organised by Federation of Indian Export Organisation (FIEO), Southern Region, the minister urged the FIEO to provide platform for the government and the exporters to talk on what kind of relief measures were required.
This comes after exporters including regional chairman of FIEO A Sakthivel highlighted the World Trade Organisation estimates which said that world trade will grow slowly by just 1.7pc during 2016.
The minister said that the industry has to interact more with government in the wake of WTO revising the estimates for the second time on global exports.
Sakthivel said that the state contributed $30.26 billion worth of exports in 2015-16 with a share of 13pc in national exports thereby showing a dominant share in southern region. It is the third largest exporting state after Gujarat and Maharashtra.
Union Commerce Minister Nirmala Seetharaman on Friday has told exporters that it is ready to offer support to industry which is hit by international currency volatility and global exports slowdown.
Speaking after handing over the Exports Excellence Awards organised by Federation of Indian Export Organisation (FIEO), Southern Region, the minister urged the FIEO to provide platform for the government and the exporters to talk on what kind of relief measures were required.
This comes after exporters including regional chairman of FIEO A Sakthivel highlighted the World Trade Organisation estimates which said that world trade will grow slowly by just 1.7pc during 2016.
The minister said that the industry has to interact more with government in the wake of WTO revising the estimates for the second time on global exports.
Sakthivel said that the state contributed $30.26 billion worth of exports in 2015-16 with a share of 13pc in national exports thereby showing a dominant share in southern region. It is the third largest exporting state after Gujarat and Maharashtra.
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