India is more worried about the impact caused by the standoff between Ukraine and Russia, particularly on its exports, Finance Minister Nirmala Sitharaman said.

Interacting with industry captains at an event, Sitharaman said the Centre was seized of the matter and discussions were on between Ministries for a "complete assessment" on the issue. "On the larger issue of the situation prevailing in Ukraine and about India's position in the UN Security Council and so on. It is widely open and I went through the press releases and press commentaries which the External Affairs Ministry is making," she said.