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Red Sea crisis: Kanpur exporters hold back ₹100 crore-worth consignments

Kanpur exporters are holding back export consignments worth ₹100 crore due to the Israel-Hamas conflict and attacks on cargo ships in the Red Sea. Shipping companies have refused to provide insurance cover, and alternative routes have increased freight costs by 35%. The situation has impacted the manufacturing cost of items and has raised concerns about the safety and security of the consignments. ....

Israel General , Red Sea , Djibouti General , South Africa , Uttar Pradesh , Alok Srivastava , Sheezan Akhtar , Bab Al Mandeb , Imityaz Ahmed , Javed Iqbal , Convener Of Federation Indian Export Organisation , Apprehensive Kanpur , Indian Export Organisation , Hold Back , Export Consignments ,

'Green channel facility': 57pc of imported consignments cleared at ports

ISLAMABAD: A total of 57 percent of the imported consignments have been cleared at ports under the “green channel. ....

Customs Reforms , Risk Management System , Uzbekistan Transit Agreement , Duty Drawback Payment System , Business Recorder , Export Consignments , Imported Consignments ,