Keeping 'close watch' on Red Sea: Government

Government on Saturday said that it is keeping close tabs on developments around the Red Sea, where Houthi militants have been attacking ships and oil tankers, though there have not been significant disruptions in India so far. An official said that new trade routes are being considered, and other options will be considered if the problem persists. Officials from the commerce department, and the ministries of defence, external affairs, shipping and finance are slated to meet on Wednesday to address some of the concerns flagged by stakeholders.

from Times of India https://ift.tt/waNWVJl