India Post, US Postal Service signal pact for digital trade of customs

Indian Posts & US Postal Service entered into an settlement for the digital trade of customs information associated to postal shipments. It will allow to transmit & obtain digital information of worldwide postal gadgets previous to their bodily arrival.


About the settlement:

  • The settlement will make it potential to transmit and obtain digital information of worldwide postal gadgets previous to their bodily arrival on the vacation spot and would allow customs clearance of postal gadgets prematurely consistent with the evolving world postal framework.
  • This may also enhance the efficiency of postal companies when it comes to reliability, visibility and safety.
  • Exchange of Electronic Advance Data as per the Agreement might be a key driver in the direction of selling mutual commerce with emphasis on the exports from totally different components of India to the USA by way of the postal channel.
  • USA is a serious vacation spot of MSME merchandise, Gems and Jewellery, Pharmaceuticals and different native merchandise from India. This will fulfil a serious demand of export trade to expedite customs clearances of export gadgets.

Important takeaways for all aggressive exams:

  • Indian Post Headquarters: New Delhi.
  • Director-General of Indian Post: Arundhaty Ghosh.

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