Department of Commerce convenes Stakeholder Consultation to ensure trade continuity amid evolving geopolitical developments

The meeting was chaired by Special Secretary, Department of Commerce, Shri Suchindra Misra and Shri Lav Agarwal, Director General of Foreign Trade (DGFT). The meeting was attended by representatives from logistics operators and shipping lines/forwarders, Central Board of Indirect Taxes & Customs, Department of Financial Services, Ministry of Petroleum & Natural Gas, Ministry of Ports, Shipping and Waterways, the Reserve Bank of India, export promotion ecosystem and other concerned agencies.      Stakeholders presented an assessment of the evolving operational environment, including routing and transit-time changes, vessel scheduling adjustments, container/equipment availability, freight and insurance cost trends, and implications for time-sensitive exports. The discussions covered the need to maintain predictability in cargo movement, minimise avoidable delays, and ensure seamless documentation and payment processes for exporters and importers.

The Department reiterated the Government of India’s priority of ensuring continuity of EXIM logistics and mitigating any disruptions to India’s trade flows. It was emphasised that the approach will remain facilitative and coordinated, with a focus on maintaining supply chain resilience, protecting the interests of exporters—particularly MSMEs—with a view that essential imports required for domestic production and consumption are not adversely affected.

During the meeting it was agreed amongst the stakeholders to maintain close, real-time coordination for monitoring route and capacity developments, surcharges, and equipment availability. Mechanisms for facilitation of time-sensitive export segments such as perishables, pharmaceuticals, and high-value manufactured exports were also discussed. The meeting emphasised strengthening facilitation at ports/ICDs and ensuring smooth cargo evacuation to avoid congestion and extended dwell times.

The Government reiterated its readiness to facilitate trade operations…The Department reaffirmed that it will continue to engage closely with all stakeholders and relevant Ministries/Departments to ensure that India’s trade continues to move efficiently and that any emerging issues are addressed in a timely manner.

India has successfully navigated multiple global disruptions in recent years and continues to strengthen supply chain resilience. The Government remains committed to ensuring that India remains a stable and reliable trading partner.