Ministry of Commerce & Industry press release · 2 March 2026 · pibtracker filter

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

PRID2234549 MinistryMinistry of Commerce & Industry Released2 March 2026 Reading10 min

Posted On: 02 MAR 2026 4:44PM by PIB Delhi The Department of Commerce, Ministry of Commerce & Industry, held a stakeholder consultation with all stakeholder ministries, key logistics and trade facilitation partners to review the emerging geo-political situation and its potential impact on India’s export-import (EXIM) cargo flows, including the export ecosystem. 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, including: Procedural flexibility in export-related authorisations in cases of genuine disruption; Coordination with Customs authorities to ensure smooth clearance; Engagement with financial and insurance institutions to support exporter interests; Continued inter-ministerial coordination. 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’s Trade Resilience 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. *** Abhishek Dayal/ Shabbir Azad/ Ishita Biswas (Release ID: 2234549) Visitor Counter : 1215 Read this release in: Urdu , हिन्दी , Kannada Ministry of Commerce & Industry Department of Commerce convenes Stakeholder Consultation to ensure trade continuity amid evolving geopolitical developments Posted On: 02 MAR 2026 4:44PM by PIB Delhi The Department of Commerce, Ministry of Commerce & Industry, held a stakeholder consultation with all stakeholder ministries, key logistics and trade facilitation partners to review the emerging geo-political situation and its potential impact on India’s export-import (EXIM) cargo flows, including the export ecosystem. 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, including: Procedural flexibility in export-related authorisations in cases of genuine disruption; Coordination with Customs authorities to ensure smooth clearance; Engagement with financial and insurance institutions to support exporter interests; Continued inter-ministerial coordination. 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’s Trade Resilience 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. *** Abhishek Dayal/ Shabbir Azad/ Ishita Biswas (Release ID: 2234549) The Department of Commerce, Ministry of Commerce & Industry, held a stakeholder consultation with all stakeholder ministries, key logistics and trade facilitation partners to review the emerging geo-political situation and its potential impact on India’s export-import (EXIM) cargo flows, including the export ecosystem. 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, including: <ul> <li style="text-align: justify;">Procedural flexibility in export-related authorisations in cases of genuine disruption;</li> <li style="text-align: justify;">Coordination with Customs authorities to ensure smooth clearance;</li> <li style="text-align: justify;">Engagement with financial and insurance institutions to support exporter interests;</li> <li style="text-align: justify;">Continued inter-ministerial coordination.</li> </ul> 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’s Trade Resilience 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. *** Abhishek Dayal/ Shabbir Azad/ Ishita Biswas " /> var mPlayer = document.getElementById("background_music"); var mPlayAction = document.getElementById("playbutton"); var isPlaying = false; function playAudio() { mPlayer.play(); isPlaying = true; document.getElementById('stopA').style.display = "block"; document.getElementById('playA').style.display = "none"; } function pauseAudio() { mPlayer.pause(); isPlaying = false; document.getElementById('playA').style.display = "block"; document.getElementById('stopA').style.display = "none"; } //function HandleAudio() { // if (isPlaying == true) { // //Playing already Pause it // pauseAudio(); // } else { // //Play the music // playAudio(); // } //} var synth = window.speechSynthesis; function CleanHtml(html) { html = html.replace(/ /gi, ''); return html; } function stripHtml(html) { let tmp = document.createElement("DIV"); tmp.innerHTML = CleanHtml(html); 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Department of Commerce convenes Stakeholder Consultation to ensure trade continuity amid evolving geopolitical developments

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