Updated By: LatestGKGS Desk
India & Peru sings agreement for co-operation & mutual assistance in Customs Matters
India & Peru sings agreement for co-operation & mutual assistance in Customs Matters: Details, Aim, Highlights
India and Peru on 5th December 2018, have signed an agreement for co-operation and mutual assistance in Customs Matters.
The agreement was signed on the sidelines of the 80th Session of the Policy Commission meeting of the World Customs Organisations (WCO) which was held in Mumbai from 3rd Dec to 5th December 2018.
This agreement provides a legal framework for the sharing of information and intelligence between the Customs authorities of the two countries.
The agreement will also help in the proper application of Customs laws, prevention and investigation of Customs offenses.
Union Ministry of Finance, in a release, stated that th agreement signed in New Delhi is also believed to facilitate trade and ensure efficient clearance of goods traded between the two sides.
Peru
Capital: Lima
Currency: Sol
Official Language: Spanish
President: Martín Vizcarra
Prime Minister: César Villanueva
