Conflict in West Asia impacting trade with Israel, Jordan, Lebanon: GTRI ...Middle East

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Conflict in West Asia impacting trade with Israel, Jordan, Lebanon: GTRI
source : Business Standard ( Middle East ) () 113
The escalating conflict in West Asia is hurting India's trade with countries like Israel, Jordan, and Lebanon that are involved directly in the war, think tank GTRI said on Tuesday. To navigate these turbulent times, India must stay vigilant and adaptable to the fast-changing geopolitical and trade landscape in West Asia, the Global Trade Research Initiative (GTRI) said. During January-July 2024, India's trade with countries directly impacted by the conflict has faced significant challenges. "Exports to Israel dropped sharply by 63.5 per cent, Jordan saw a 38.5 per cent decline due to spillover effects, and Lebanon experienced a 6.8 per cent decrease," GTRI Founder Ajay Srivastava said. He a

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