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|Shipments to West Asia decrease by nearly 50%|
Exporters say the Covid outbreak accentuated a demand slowdown caused by subdued oil prices in the West-Asian region, mainly the UAE and Iran, while frosty political ties with Nepal and Pakistan has hit supplies to South Asia. It’s not just a Covid-induced slowdown in key markets — the US and the EU — that is troubling Indian exporters.
Posted: 2020-11-16 00:07:00
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