US EditionGovernment Grants Export Scheme Relaxations Amid West Asia Shipping Disruptions
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Government Grants Export Scheme Relaxations Amid West Asia Shipping Disruptions
The Union government has announced a set of relaxations for exporters to help them meet compliance obligations under key export promotion schemes amid ongoing geopolitical disruptions affecting global shipping routes and supply chains. In a public notice, the Directorate General of Foreign Trade (DGFT) stated that authorisations under the Advance Authorisation and Export Promotion Capital […] The post Government Grants Export Scheme Relaxations …
Exporters Fear Port Congestion as Gulf Disruptions Force Cargo Returns - India Seatrade News
Exporters are increasingly worried that shipping lines may begin dumping cargo at Indian ports as vessels return amid disruptions in the Persian Gulf, a move that could severely impact export supply chains and port operations. The concern comes even as the government has taken steps to ease the logistical blockade in the region and support exporters affected by tensions around the Strait of Hormuz, one of the world’s most critical shipping route…
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