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export credit: Export credit access may become easier amid geopolitical tensions

The government is evaluating ways to enhance export competitiveness by examining the export credit landscape. Seeking insights from exporters, it aims to address challenges and improve access to financial resources crucial for international trade. With a focus on reducing the cost of export credit, officials are studying best practices from other countries. This initiative comes as India s goods exports declined in FY24, prompting exporters to seek longer-term funding amid global uncertainty.

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