Federal Customs Service

Customs services of Russia and India have signed Agreement on mutual recognition of AEOs

Published: May 15, 2024 18:09

The customs services of Russia and India on May 15 signed an agreement on mutual recognition of national institutes of authorized economic operator. This is the fifth such document for Russia and the sixth for India.

The agreement is the fifth of its kind for Russia and the sixth for India

The agreement was signed by Ruslan Davydov, First Deputy Head of the Federal Customs Service of Russia, and Sanjay Kumar Agarwal, Head of the Central Board of Indirect Taxes and Customs of the Government of India, during a working visit of a Russian delegation to India.

The agreement was signed by Ruslan Davydov, First Deputy Head of the Federal Customs Service of Russia, and Sanjay Kumar Agarwal, Head of the Central Board of Indirect Taxes and Customs of the Government of India

The document opens up new opportunities for the introduction of a mechanism within the framework of bilateral trade to provide additional simplifications in terms of customs administration to companies with AEO status, the most bona fide category of traders

The parties also exchanged views on other topical issues of cooperation in the customs sphere. These include the organization of electronic exchange of information on goods and vehicles, training of customs personnel, law enforcement, customs cooperation in the BRICS format, as well as the participation of the customs authorities of Russia and India in the development of the International Transport Corridor “North – South”, etc.

The parties also exchanged views on other topical issues of cooperation in the customs sphere