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The Ministry of Commerce is actively tracking developments in global trade, partly in relation to tariff changes, imports and export -related challenges, an official statement said on Friday.
The General Directorate of Foreign Trade (DGFT) has operationalized a ‘global tariff and global commercial assistance dedicated to helping interested parties (representative image)
The Ministry of Commerce is actively tracking developments in global trade, partly in relation to tariff changes, imports and export -related challenges, an official statement said on Friday.
In this context, the General Directorate of Foreign Trade (DGFT) has operationalized a ‘Global Global and Commerce’ Tariff ‘dedicated to helping interested parties navigate in emerging commercial problems, said the Ministry of Commerce.
“Given the evolutionary commercial landscape and the introduction of various tariff and counter-tarifa measures, there may be new export opportunities and import pressures with specific products of products or product sectors,” he said.
The aid service would analyze the problems related to import and export challenges, imports or importation, exim authorization, logistics or challenges of the supply chain, financial or banking problems, and regulatory or compliance problems.
It will also collect and collect problems related to trade with respect to other mines/ departments or agencies of central and state governments and cooperate to seek their support and provide possible resolutions.
With the United States imposing a 10 percent rate on most of its commercial partners, 125 percent are affected by China. It has triggered a commercial war between the two countries.
(This story has not been edited by News18 staff and is published from a FEED – PTI syndicated news agency)