The Commerce Ministry is scheduled to organise export stimulus activities in Indian cities this year to raise export growth to the country to 8% this year worth US$9.21 billion.
The ministry is also speeding up its efforts to sign a memorandum of understanding (MoU) to form deeper trade partnerships through mini-free trade agreements (mini-FTAs) with Karnataka and Maharashtra states.
According to Phusit Ratanakul Sereroengrit, director-general of the International Trade Promotion Department, the ministry also wants to sign similar MoUs with Kerala, Assam and Gujarat states.
