Indian export body fears retaliatory action by China

After the Galwan encounter between India-China has subsided, now what we can expect is the potentially of economic war.

The Federation of Indian Export Organisations (FIEO) has stated against a blanket ban on Chinese imports terming it infeasible as India imports many strategic items from its neighbour, and expressed fear of retaliatory action by China if goods of Chinese origin face additional inspection at Indian ports, as reported by The Economic Times.

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So far there is no calls regarding scrutinising the imports, however, the exporters fear retaliation.

Earlier, the Defence Minister Rajnath Singh on June 17^th, 2020 took stock of the Galwan valley situation, where at least 20 soldiers were martyred, at a meeting in South Block attended by CDS, three services Chiefs.

“India is prepared to resolve the situation through discussions and there can be no compromise on India’s territorial integrity,” the minister said.

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