New Delhi, Oct. 26 -- The Department of Commerce extended the operational timelines for Component II of the Resilience & Logistics Intervention for Export Facilitation (RELIEF) initiative until March 31, 2027, according to an official notification.

The measure, implemented under the Export Promotion Mission (EPM), comes as prolonged geopolitical tensions in West Asia continue to destabilise key maritime trade channels across the Gulf and adjoining zones.

The primary objective behind the extension of Component II remains the protection of Indian outbound consignments heading into vulnerable global waters. The Ministry of Commerce & Industry said, "Component II of the initiative aims to encourage exporters to obtain Export Credit Guarante...