New Delhi, Jan. 10 -- President of Federation of Indian Export Organizations (FIEO), Ganesh Kumar Gupta complimented Suresh Prabhu, Commerce & Industry and Civil Aviation Minister for presiding over a meeting to discuss problems faced by the export sector.
Gupta highlighted the problems of pre-import under advance authorization and requested to bring the notification deleting the condition with retrospective effect to give relief to exporters.
President FIEO also raised banking issues such as caution listing of exporters, third party/ third country exports and list of items to be traded with Iran.
Prabhu highlighted the declining trend of export credit in recent months and asked Ministry of Finance that banks may be instructed to...