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Home > Business > PTI > Report

War may not hit exports this fiscal

April 21, 2003 15:09 IST

Government on Monday said the Iraq war is not likely to have any significant impact on India's exports and imports this fiscal.

"However, if the period of uncertainty continues, India's exports as well as imports are likely to be affected due to effect on oil prices, shipping, hike in freight charges and increase in insurance costs," Trade and Commerce Minister Arun Jaitley said in written reply in Rajya Sabha.



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