Departments of commerce and financial services have decided to set up joint task force to resolve banking related issues of exporters.
The issues were discussed during a meeting between the two departments.
"Commerce Secretary & DGFT (director general of foreign trade) discussed banking related issues of the exporters in a meeting organised by the Department of Financial Services (DFS)," DGFT said in its tweets.
"It was decided to constitute a Joint Task Force of Department of Commerce and DFS to resolve banking related issues of the exporters," it added.
Exporters face several issues related with bank, which increases their transactions cost.
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