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Coronavirus update: Fin min to assess impact of infection outbreak on trade in review meeting on Tuesday

Coronavirus latest: India is one of China's leading trade partners in Asia and has a huge trade deficit with that country. The death toll from China's coronavirus (COVID-19) epidemic climbed to 1,665 on Saturday

twitter-logoPTI | February 17, 2020 | Updated 08:44 IST
Coronavirus update: Fin min to assess impact of infection outbreak on trade in review meeting on Tuesday
Finanace Minister Nirmala Sitharaman

The Finance Ministry will hold a meeting on Tuesday to assess the impact of coronavirus outbreak and any disruptions posed by it to the country's trade or Make in India initiative.

"On the impact of #CoronavirusOutbreak and any disruptions to #MakeinIndia or to Indian export/import @FinMinIndia is scheduled to hold a meeting on Tuesday 18 Feb. Stakeholders welcome. If unable to attend please email your inputs at fmo@nic.in," Union Finance Minister Nirmala Sitharaman tweeted on Sunday.

India is one of China's leading trade partners in Asia and has a huge trade deficit with that country. The death toll from China's coronavirus (COVID-19) epidemic climbed to 1,665 on Saturday after 142 more people died, mostly in the worst-hit Hubei Province, and the confirmed cases jumped to 68,500.

Coronavirus outbreak in China provides an opportunity for India to expand exports, Chief Economic Advisor Krishnamurthy Subramanian had said last week.

Also read: Coronavirus update: Situation in country under control, says Health Secretary

Also read: Coronavirus update: Around 70 people test positive on ship in Japan

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