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 (FIEO) has launched the first-of-its-kind online marketplace for Indian exporters and foreign buyers.

Detailed explanation-3: -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.

Detailed explanation-4: -Dr. Ajay Sahai, Director General & CEO, FIEO.

Detailed explanation-5: -The Ministry of Commerce established this organisation in 1965 to bring together the stakeholders looking to promote Indian exports. The FIEO plays the role of a liaison between Indian trading companies and the governments at the state-and-national levels.