Government Closely Monitoring Trade Amid Russia-Ukraine Crisis: Piyush Goyal
NDTV
Piyush Goyal said many ships and containers have been blocked in several European countries following the Russia-Ukraine war
The government is continuously monitoring the opportunities that the Russia-Ukraine war has opened up for India and is in dialogue with traders to ensure more exports of wheat and other commodities, Commerce Minister Piyush Goyal told the Rajya Sabha on Friday.
Replying to supplementaries during Question Hour, he said Indian wheat exports are set to cross 70 lakh metric tonnes this year from merely 2 lakh metric tonnes two years ago.
Mr Goyal said many ships and containers have been blocked in several European countries following the Russia-Ukraine war and the crisis has only deepened, especially after the COVID-19 crisis.
"The government has maintained dialogue with shipping companies and those who operate containers. The government is keeping a close watch on the situation and whatever steps are required to be taken it will take action," he told the members in the upper house.
