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The commerce ministry has asked exporters to focus on potential key sectors such as food, electronics and engineering and 12 major markets to boost exports. It was also suggested to focus on organising fairs and exhibitions at global scale. 

These issues among others were discussed during a meeting called by the ministry with the industry and exporters. The meeting assumed significance as the country's merchandise exports have been contracting for the last four months due to demand slowdown in the global markets. 

The sectors which hold huge potential to increase the country's exports include food, textiles, engineering, electricals and electronics, medical devices, pharma and auto components. The main global destinations where exports could be promoted further include the US, UK, Brazil, Germany, Saudi Arabia, Sweden, Taiwan, Korea, Japan and Russia. Increasing investments will help in promoting trade through integration with global value chains.