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PMO likely to review Red Sea Crisis soon

By Economic Times - 9 months ago
The Prime Minister's Office (PMO) is expected to conduct a review of the potential impact of the Red Sea crisis on trade, as exporters anticipate that trade in March and April may be affected. According to an official, there hasn't been any adverse impact on exports thus far due to the crisis. However, traders foresee that the impact might reflect in the trade numbers for March and April. Senior officials from various ministries including commerce and industry, petroleum, finance, and petroleum and natural gas convened with industry representatives on Wednesday.

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