India in talks with 30 nations for mutual recognition deals: CBIC chairman

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Central Board of Indirect Taxes and Customs chairman Sanjay Kumar Agarwal on Thursday said India is actively pursuing negotiation for signing of mutual recognition agreements (MRAs) with customs authorities of about 30 countries.

"Negotiations are ongoing with over 30 countries with promising progress and discussions with Japan and South Africa," he said while addressing the Global Authorised Economic Operator (AEO) Conference here.

India is proactively engaging with its trading partners to broaden and deepen the Authorised Economic Operator (AEO) program.

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Category: BusinessFinance

Markets: IndiaAustraliaJapanSouth KoreaMalaysiaSouth AfricaTaiwan

Topics: Global trade Trading partners Mutual recognition agreements Overseas trade India trade agreements Aeo programme World bank logistics index Customs authorities Cbic chairman International cooperation Digital trade South africa trade Japan negotiations Sanjay kumar agarwal Trade partnerships Ministry of Finance Compliance costs Authorised economic operator Central Board of Indirect Taxes and Customs Sustainable trade Unescap global survey India Trade facilitation

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 13:09:11 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 326 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23914920

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