Commerce dept plans mega global meet to boost exports in six product areas

The meet comes against the backdrop of merchandise exports hitting a 25-month low in November amid continued geopolitical tensions as well as a decline in petroleum prices

The commerce department is working on a mega meet in January to devise a concrete strategy to push exports of six key product categories, including engineering goods and electronics, to 20 “focus countries” including the United States, Australia, France, China, Russia, the United Kingdom, Japan, South Korea, Singapore, and Indonesia, two senior government officials aware of the matter said.

 

Indian missions in these countries have been tapped and the ambassadors have been invited.

 

That apart, officials in other departments related to the products and key office holders in the commerce department and finance ministry will be present.

 

The meet comes