Trade facilitation Current Affairs, GK & News

India and Peru held the 4th round of FTA

India and Peru have held the 4th round of negotiations for a proposed Free Trade Agreement (FTA) in Lima, Peru. The agreement is aimed to boost the 2-way commerce between both the countries. Both the countries have negotiated a trade agreement covering goods, services, investment, movement of professionals, investments, dispute settlement, technical barriers to trade, ..

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Mumbai venue of 80th Session of Policy Commission of World Customs Organization (WCO)

On 3rd December 2018, the 80th Session of the Policy Commission of the World Customs Organization (WCO) was held in Mumbai, Maharashtra . The Session is being organized by the WCO and hosted by the Central Board of Indirect Taxes and Customs (CBIC), India. The Indian delegation was headed by CBIC Chairman, S Ramesh. The ..

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UN TIR Convention

India became the 71st country to ratify the United Nations TIR (Transports Internationaux Routiers) Convention, a move that will help boost trade through smoother movement of goods across territories. The ratification is a part of India’s multi-modal transport strategy that aims to integrate the economy with global and regional production networks through better connectivity. The ..

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Trade Facilitation Agreement

The government had approved a proposal to notify the Trade Facilitation Agreement (TFA) of the World Trade Organization (WTO) in February, 2016. The proposal regarding ratification and acceptance of the instrument of acceptance of protocol of TFA to WTO Secretariat was also approved by the Union Cabinet. National Committee on Trade Facilitation Government also decided ..

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India, Bangladesh for Fast Track Implementation of Various Pacts

India and Bangladesh decided to speedily implement various agreements signed b/w them in 2010 and 2011. The various agreements are related to projects under the Indian line of credit, land boundary agreement implementation, trade facilitation measures, infrastructure development of land customs station and border haats. They also discussed about co-operation in the field of renewable ..

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