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In an interaction with a few journalists Friday, he said a number of ships pass through the Indian Ocean. A proportion of those move up to the Red Sea that go through the Suez Canal and into Europe. ....
Canada s Foreign Minister Melanie Joly urged China to help keep the Red Sea safe for commerce due to attacks by Iran-aligned Houthis, disrupting trade routes. She also emphasized the need for China to stop aiding Russia in bypassing international sanctions. ....
The Red Sea crisis has caused significant shipping costs and times for Indian companies, leading to job losses and increased costs for small exporters. In India, small exporters, who account for 40% of the country s annual merchandise exports worth $450 billion, have warned that job losses have started and could soar if the attacks, which began late last year, become prolonged. ....
Red Sea News: The Red Sea crisis has caused significant shipping costs and times for Indian companies, leading to job losses and increased costs for small exporters. In India, small exporters, who account for 40% of the country s annual merchandise exports worth USD 450 billion, have warned that job losses have started and could soar if the attacks, which began late last year, become prolonged. ....
Federation of Indian Export Organisations (FIEO) said that recent tensions in West Asia, especially the threat for consignments routing through the Red Sea has further added to woes of the exporting community. ....