Thursday, September 15, 2011

INDIA, BELGIUM & SOUTH AFRICA TEAM UP FOR CUSTOMS NETWORK

India is rolling out a system - Authorized Economic Operator (AEO) - under which traders, logistics providers, and customs agents sporting secure trader tag would be able to move their goods speedily through customs in countries with similar facility. US, Japan, South Korea and China already have such a system in place and talks are on with them for a mutual recognition agreement.

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