India-Australia Mutual Recognition for Trusted Exporters

  • The Indian Cabinet has given approval for a Mutual Recognition Arrangement (MRA) between India and Australia, facilitating accredited exporters from both countries in customs clearance.
  • MRA aims to benefit accredited exporters in customs clearance.
  • The agreement involves Central Board of Indirect taxes and Customs (CBIC) from India and the Australian Border Force.
  • The deal has reciprocal benefits for trusted exporters in both countries.
  • It aligns with World Customs Organisation's SAFE Framework for secure global trade.
  • The agreement enhances security of supply chains while easing trade facilitation and boosts trade relationship between India and ....
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