Urgent.News

600+ sources. One page. See who else covered it.

Editions

World

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…

Korea, India vow closer ties in customs affairs

The Korean Customs Service (KCS) has announced plans to strengthen cooperation with its Indian counterpart, the Central Board of Indirect Taxes and Customs, to facilitate smoother trade between the two nations. This agreement was reached after a meeting on Tuesday in New Delhi between KCS officials and representatives from India's customs board.

During the discussions, the KCS shared instances of Korean businesses operating in India that have encountered difficulties with customs procedures. The Indian government has been invited to assist in streamlining customs clearance processes for these firms.

The two countries, recognizing India's significant role as a partner in the Asia-Pacific region, plan to expand their cooperation in the future. This may include initiatives such as training programs to help Korean firms overcome the challenges they face when exporting to India. Han Min, the director general for international affairs at the KCS, emphasized this intention in a recent statement.

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.

Read the original at koreatimes.co.kr →

More in World

More from Wednesday 12 August →