India may push exports via G2G trade for food products

Worried over a slowdown in exports, the government is looking to use India’s good relations with other countries to push up exports through governmentto-government (G2G) trading arrangements for food products. The commerce department is exploring export of non-Basmati rice to the Philippines and Indonesia, and sugar to Egypt under this mechanism to boost exports that have been hit by rising protectionism globally and slowdown in trade. The department sent a proposal to Egypt last week to participate in its sugar tender. “We want to increase total exports and G2G trade is one such arrangement. This…

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