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Agreement signed for Electronic Exchange between India and US


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Agreement signed for Electronic Exchange between India and US       

 

The aim of the agreement was to encourage ‘ease of exports’ for small and large exporters through postal channels. The postal departments of Government of India (India Post) and United States Postal Service (USPS) have signed an agreement for Electronic Exchange of Customs data related to postal shipments between two countries. Through this agreement, both the countries will be able to transmit and receive electronic data of international postal items prior to their physical arrival at the destination. It would also enable customs clearance of postal items in advance in line with the evolving global postal framework. As a result of this the performance of the postal services will increase.

USA being the top export destination for India, 60% of the parcels received by the Indian Post are from USA.  This agreement will make India as an Export Hub for the world.  Mr. Prannoy Sharma, Deputy Director General (International Relations & Global Business), Department of Posts, Government of India and Mr. Robert H. Raines Jr., Managing Director, Global Business of United States Postal Service signed the agreement after mutual discussions.


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Agreement signed for Electronic Exchange between India and US