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of <h1>President Urges Boost in Exports to Tackle Current Account Deficit at IIFT's 50th Anniversary Celebration.</h1> The President of India emphasized the need to boost exports to address the current account deficit, which was 5.4% of GDP from April to December 2012, during the Indian Institute of Foreign Trade's 50th anniversary. He highlighted India's achievements in commodity exports and called for caution in ensuring food security. The President praised IIFT's educational contributions and urged it to foster socially aware leaders. The Commerce Minister noted India's export growth despite global challenges and stressed the importance of market diversification. Concerns were raised about trade imbalances with China, and ongoing trade negotiations with the EU were discussed.
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