Recently, India has signed a first APA agreement with Japanese company. What does APA stands for?

Recently, India has signed a first APA agreement with Japanese company. What does APA stands for?
[A]Advance Pricing Agreement
[B]Advance Perform Agreement
[C]Advance Purchase Agreement
[D]Advance Procure Agreement

Advance Pricing Agreement
India signed its first bilateral advance pricing agreement (APA) marking an important step in the country’s attempts to provide a predictable transfer pricing regime, an issue that has fetched India tax authorities bad name world over. The APA signed by the Central Board of Direct Taxes with a Japanese company is valid for five years. “This is India’s first bilateral APA. The APA is for a period of five years”.

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