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DAILY NEWS ANALYSIS
02 April, 2021
6 Min Read
Due to the blockage of the Suez Canal, the $200 billion of India’s trade flows with Europe, North America and South America is at risk. So, the Department of Commerce has worked out an action plan to cope with the crisis, including possibly re-routing shipments through the Cape of Good Hope (Re-routing may take 15 additional days.)
More details on SUEZ CANNEL: https://www.aspireias.com/daily-news-analysis-current-affairs/Suez-Canal-crisis-Past-to-Present
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Suez Canal significant?
Why is the Suez Canal blocked now?
Suez Canal
Cape of Good Hope
Source: TH
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