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Red Sea Problems Won't Impact India's Maritime Trade: Shipping Secretary

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By Rediff Money Desk, NEWDELHI   Jan 03, 2024 16:34

India's shipping secretary assures no impact on maritime trade despite issues in the Red Sea, including the Bab-el-Mandeb Strait. Read more.
New Delhi, Jan 3 (PTI) Ports, Shipping and Waterways secretary T K Ramachandran on Wednesday said the problems in the Red Sea will have "no impact" on India's maritime trade with the rest of the world.

The situation around the Bab-el-Mandeb Strait, a crucial shipping route connecting the Red Sea and the Mediterranean Sea to the Indian Ocean, has escalated due to recent attacks by Yemen-based Houthi militants.

Asked will the Red sea developments have any impact on India's maritime trade, he said, "no impact".

The strait, vital for 30 per cent of global container traffic, has seen increased tensions with various incidents in 2023, including attacks and military manoeuvres by regional and global powers.

The Bab-el-Mandeb Strait, also known as the "Gate of Tears" in Arabic, is a crucial trade route that connects the Mediterranean Sea and the Indian Ocean via the Red Sea and the Suez Canal. It separates Africa from the Arabian Peninsula.
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