CURRENT AFFAIRS

Detailed explanation-1: -Federation of Indian Export Organisations, popularly known as FIEO, was set up in 1965 as an Apex Body of Export Promotion Organisations in the country.

Detailed explanation-2: -The Federation of Indian Export Organisations arranges for media, publications, exhibitions, and trade fairs to showcase Indian products in the global markets. The body maintains a relationship with various international agencies that play an essential role in global trade like ITC, WTO, IMF, and more.

Detailed explanation-3: -Known popularly as “FIEO", this ISO certified apex body of Indian export promotion organisations was set up jointly by the Ministry of Commerce, Government of India and private trade and industry in the year 1965. FIEO is thus a partner of the Government of India in promoting India’s exports.

Detailed explanation-4: -The Ministry of Commerce, Government of India, has introduced the Federation of Indian Export Organisations (FIEO) to promote India’s exports; it is an apex body of Indian export promotion organizations.