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India, US aiming for swift customs pact
The Business Guardian
|June 17, 2023
India and the US are working to ‘quickly conclude’ the mutual recognition agreement (MRA) for authorised economic operators of both countries to expedite customs clearances, CBIC Chief Vivek Johri said on Friday
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The two countries in September 2021 entered into an agreement to recognise the AEOs of both countries. The AEO programme enables Customs administration to identify safe and compliant exporters and importers and to provide them with better facilitation.
Talking to reporters on the sidelines of a CII event, Johri said the customs authorities of India and the US had discussions to recognise the AEOs of both countries and give reciprocal benefits.
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