Four point plan on Suez Canal situation

A four point plan was formulated by the Ministry of Commerce to deal with the situation presented by the blockage of the Suez Canal. Prioritization of cargo, freight rates as per existing contracts, advisory to ports and re-routing of vessels are the 4 points of the plan. India depends on the Suez Canal for transport of 200 billion USD worth of exports and imports from the Americas and Europe.


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