GOVT MAY INCLUDE EUROPE, US IN FOCUS MARKET SCHEME

With India's exports declining for the eighth month in a row in May and the need to arrest the decline assuming urgency, the Government may convert the US and Europe into focused markets.

"We have been trying to help exporters diversify their markets in the last few months. There is a need to arrest decline in exports...we may have to convert the US and Europe into our Focus Market Scheme," Director General of Foreign Trade, R S Gujral, told exporters in an open-house meet organised by the Federation of Indian Export Organisations (FIEO), here today..

The Economic Times