Currencies:
RUB/USD 0,0112
0,0000
BRL/USD 0,1863
0,0000
INR/USD 0,1198
0,0000
CNY/USD 0,1374
0,0000
ZAR/USD 0,5355
0,0000
Weather:
Moscow 21 °C
Brazilia 19 °C
New Delhi 44 °C
Beijing 31 °C
Pretoria 24 °C
Cairo 41 °C
Tehran 35 °C
Abu Dhabi 37 °C
Menu
21 °C
Moscow
19 °C
Brazilia
19 °C
New Delhi
31 °C
Beijing
24 °C
Pretoria
41 °C
Cairo
35 °C
Tehran
37 °C
Abu Dhabi
RUB/USD
0,0112
0,0000
BRL/USD
0,1863
0,0000
INR/USD
0,1198
0,0000
CNY/USD
0,1374
0,0000
ZAR/USD
0,5355
0,0000
TV BRICS Apps
Home
News
Videos
Podcasts
Menu
Иконка с часами 14 minutes 2 sec.
Ambassador of Ethiopia to Russia Uriat Cham Ugala/ “Joining BRICS is a growth opportunity for Ethiopia”
Иконка с часами 20 minutes 11 sec.
Douw Vermaak/ «Relations between Russia and South Africa are getting stronger»
Иконка с часами 8 minutes 22 sec.
Anthony Phiri, Harare Institute of Technology/"The world needs to work together to reduce greenhouse gas emissions"
11.06.2416:45 Society
TV BRICS and Moscow to join forces to promote image of Russian capital as international centre of creative industries
11.06.2409:05 Society
India's largest television network TV9 and TV BRICS to jointly promote united BRICS agenda
07.06.2412:56 Sport
TV BRICS International Media Network and Hero League join forces to develop mass sports in Russia and BRICS countries
Russia India
19.05.24 14:17
Society

Russian and Indian customs services sign agreement on mutual recognition of AEO institutions

The document gives new opportunities for the introduction of a mechanism to provide additional simplifications in terms of customs administration within the framework of bilateral trade


The customs services of Russia and India have signed an agreement on mutual recognition of national institutions of the Authorised Economic Operator (AEO). This was reported by the press service of the Russian Federal Customs Service (FCS).

The signing was attended by Ruslan Davydov, First Deputy Head of the FCS of Russia, and Shri Sanjay Kumar Agarwal Chairman, Central Board of Indirect Taxes & Customs and Special Secretary to the Government of India.

An Authorised Economic Operator is a legal entity with a special status. This status is usually given to large manufacturing or trading companies to make importing products or raw materials easier and faster.

The concept of Authorised Economic Operators was developed in the World Customs Organisation's Framework of Standards to Secure and Facilitate Global Trade.

During the negotiations, the parties also exchanged views on other topical issues of co-operation in the customs sphere. These are the organisation of electronic exchange of information on goods and vehicles, training of customs personnel, law enforcement as well as customs cooperation in the BRICS format.

Photo: iStock
Short
and to the point
Once a week we will cover news in the BRICS countries
By clicking on the "Subscribe" button, you agree to the processing of personal data

MORE ON THE TOPIC

13.06.2414:17 Society
Ethiopia signs agreement to build 2,000 medical centres
13.06.2412:56 Society
Participants at NDB seminar in Cairo note Egypt's growing importance in international trade
12.06.2415:35 Society
Lula government announces creation of programme to invest in educational institutions
12.06.2408:31 Society
Russia Day in 2024: history and significance
11.06.2418:31 Society
Cuba to organise international event convention on agroforestry Cuba 2024
11.06.2417:12 Society
Russia expresses support for Belarus' desire to join BRICS
Short
and to the point
Once a week we will cover news in the BRICS countries
By clicking on the "Subscribe" button, you agree to the processing of personal data