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Container shortage and its impact on international trade

  Oct 10, 2021

Container shortage and its impact on international trade

Q Why is it in News ?

A The government is in talks with exporters to help them deal with an international container shortage that has led to freight rates rising by over 300 per cent in the past year for key shipping routes.

Q Why is there an international container shortage?

Q What will be its impact on Freight rate ?

Q How is the container shortage impacting Indian exporters?

Q How can the government help address this issue?