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Engineering exports to Doha hit by sanctions on Qatar

Press Trust of India  |  New Delhi 

India's engineering to Doha have been hit following sanctions imposed on Qatar by some nations including Saudi Arabia, EEPC said today.

Saudi Arabia, the and are among few other countries that announced suspension of all ties to Qatar last week over state's alleged support for extremist groups and its political proximity to Shiite

Qatar however denies the allegations.

"Inputs from our engineering exporters indicate that shipping lines operating between and Doha are keeping the containers on hold. A few such incidents have been reported from Jebel Ali and Krishnapatnam ports," EEPC said.

The Engineering Export Promotion Council (EEPC) of said shipments from were being affected as the Middle East and West trade has a lot of inter-operability between different ports, observing that the channels particularly in Doha and some other parts of the region have also been disrupted.

The Middle East and West are one of the key destinations for Indian engineering exports, accounting for 13 per cent of the country's total engineering Shipments worth USD 8.18 billion were destined for the countries in the region. India's major trading partners include the UAE, Oman and

Expressing concern over these disruptions, EEPC Chairman T S Bhasin said the Indian business and trade have a big stake in the region and it is important to keep a close eye on the fast changing situation there.

The engineering shipments to the region include products like iron and steel, non-ferrous metals, industrial and electrical machinery.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, June 14 2017. 15:02 IST