Source: Reuters (via feed)
India’s trade ministry said on Thursday the government will provide insurance support for shipments routed through conflict-hit corridors. The announcement responds to exporters’ difficulties with sharply rising logistics costs.
The support will apply to insurance cover for trade shipments affected by conflict zones. The ministry stated this measure amid the current challenges in export logistics.
BizTrendWire Insight:
Government support for insurance addresses issues with export logistics costs under conflict conditions.
Government support for insurance addresses issues with export logistics costs under conflict conditions.
