New Delhi, April 4 -- Amid raging Iran-Israel/US war which has triggered uncertainties globally, the government is working on measures aimed at easing trade finance and risk pressures.

At an inter-ministerial media briefing, Director General of Directorate Foreign Trade (DGFT) Lav Aggarwal noted that the ongoing tensions in West Asia has created logistical and financial challenges for exporters, particularly in sectors such as petroleum products, chemicals, engineering goods, and agriculture.

The DGFT chief said the commerce ministry is working closely with banks and insurance companies to address rising war risk premiums and trade finance concerns.

Regular consultations are also being held with exporters to assess evolving issues and ...