

Arsenio Dominguez
Secretary General of the International Maritime Organization.
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Nov 13, 2025 • 7min
As U.S. tariffs bite, India gives credit lifeline to exporters
Arunaday Mukherjee, a BBC correspondent from Delhi, discusses India's new $5 billion credit scheme aimed at supporting exporters facing U.S. tariffs, particularly in labor-intensive sectors like textiles and jewelry. He highlights the scheme's focus on collateral-free loans for small and medium enterprises to stimulate competitiveness. Meanwhile, Arsenio Dominguez, Secretary General of the International Maritime Organization, talks about the crucial COP30 negotiations concerning a UN-backed levy on shipping emissions, emphasizing the challenges of decarbonization in the industry.

Nov 13, 2025 • 7min
As U.S. tariffs bite, India gives credit lifeline to exporters
Arunaday Mukherjee, a BBC correspondent in Delhi, discusses India's $5 billion credit line for exporters facing job losses due to U.S. tariffs, emphasizing the impact on sectors like textiles and jewelry. He also connects these tariffs to India’s purchase of Russian oil. Meanwhile, Arsenio Dominguez, Secretary General of the International Maritime Organization, shares insights on the stalled UN-backed shipping emissions levy and ongoing negotiations for decarbonizing the shipping industry, highlighting both the challenges and potential benefits.


