Middle East tensions: 'We will use every policy tool to support exporters,' says Piyush Goyal

Middle East tensions: 'We will use every policy tool to support exporters,' says Piyush Goyal

Amid Middle East tensions, Commerce Minister Piyush Goyal on March 6 said the government "will use every policy tool and export Promotion Mission to support exporters".

"Will meet every commitment for all goods and services. In dialogue with Shipping Ministry and companies and daily meetings are being undertaken. Working with them on how burden on exporters can be supported," said Goyal.

"Every day the inter-ministerial group talks to the exporters. Even this morning, they gave feedback. We should continue to meet all the commitments that we have made to our buyers, whether in goods or services, and the government can use every policy tool and the export promotion mission to support our exporters. I have already given some instructions in the last few days also, as I get to the office today, we will be formulating some ways to give comfort to our exporters, in the next two days," added Goyal.

Exporters are facing issues with regard to the movement of consignments to West Asia following the joint attack launched by the US and Israel on Iran.

When asked about the issue of increasing freight, he said the ministry is working with them to see how the burden of exporters can be supported with.

"But I can assure you, this government stands with our industry and will continue to ensure that all our international commitments are met. Because that is what defines India," he said, adding that even during Covid, India met all its international commitments, "which earned us the acronym of a trusted partner".