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Govt stepping up efforts to help exporters; working group to monitor possible import surge

  • The Union Commerce Ministry is stepping up efforts to help exporters explore new markets and tackle the impact of sweeping tariffs announced by the US.
  • A working group is being set up to monitor the possible surge in imports from countries like China.
  • The Ministry is fast-tracking formulation of its export promotion mission, which includes providing credit at affordable rates and negotiating free trade agreements.
  • Bilateral meetings with identified 20 countries, including Australia, Brazil, China, and France, are planned to push India's exports.

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