New Delhi, Apr 10 (BNP): The Commerce Ministry has held a series of high-level meetings with exporters and key stakeholders to address rising challenges in packaging, shipping, and port operations amid the ongoing geopolitical tensions in West Asia.
The meetings were chaired by Commerce Secretary Rajesh Agrawal and attended by Shipping Secretary Vijay Kumar, along with representatives from shipping lines, ports, Export Promotion Councils (EPCs), and commodity boards.
Officials said the discussions focused on disruptions in maritime trade following escalating tensions in the West Asia region, which have impacted vessel movement and shipping routes, especially on key international corridors.
Exporters flagged several concerns, including delays in shipments, logistical bottlenecks, and rising operational costs affecting overall export performance. Export Promotion Councils have been directed to submit detailed feedback on port-wise issues to enable targeted policy responses.
In a separate review, industry representatives highlighted a sharp rise in packaging material costs, driven by increased petrochemical prices. This has led to an estimated 50% surge in packaging costs over recent weeks, further squeezing export margins.
The ministry said it is actively monitoring the situation and engaging with stakeholders to ensure continuity in trade operations and minimise supply chain disruptions.
