Union Commerce Minister has said recently that the strength of the rupee against the US dollar had become a problem for the country's exporters and that the government would take steps to tackle the issue.

"It is a problem," Kamal Nath told a foreign News Agency on the sidelines of a Southeast Asian summit in Singapore.

"We are also urging the industry to be more competitive."

The rupee has risen 12.5 percent against the U.S. dollar so far in 2007.

Nath also said that a delay of India's controversial nuclear deal with the United States by the communist allies of Prime Minister Manmohan Singh's government would not affect trade and diplomatic relations between the two countries.

"I think trade relations with the U.S. are independent of this. We had good relations even before the nuclear agreement."

Mr. Rakesh Joshi

Joshi Enterprise

Manager, Joshi Enterprise
Dispur, India

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