Korea, India vow closer ties in customs affairs
The Korean customs agency said Wednesday it has agreed with its Indian counterpart to bolster cooperation in customs affairs and facilitate smoother trade between the two countries. The Korea Customs Service (KCS) said it met with officials from India's Central Board of Indirect Taxes and Customs in New Delhi on Tuesday (Indian time), asking the Indian government to support smooth customs…
The Korean Customs Service (KCS) has announced plans to strengthen cooperation with its Indian counterpart in customs affairs, aimed at streamlining trade between the two nations. On Tuesday, Indian time, the KCS held discussions with officials from India's Central Board of Indirect Taxes and Customs in New Delhi, urging support for smoother customs clearance for Korean businesses operating within India.
During the meeting, the KCS detailed instances where Indian customs had posed challenges for Korean companies, prompting broader discussions on collaboration.
The two agencies, recognizing India's significant role in the Asia-Pacific region, have vowed to deepen their partnership in the future. This includes potential initiatives such as joint training programs to assist Korean firms in navigating India's customs procedures more effectively. Han Min, the KCS's director general for international affairs, emphasized in a statement the mutual commitment to overcoming existing obstacles that hinder Korean exporters aiming to access the Indian market.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- S. Korea, India vow closer ties in customs affairs en.yna.co.kr
- Korea, India vow closer ties in customs affairs koreatimes.co.kr
