An Agreement between the Government of the Republic of India and the Government of the Republic of Peru on Co-operation and Mutual Assistance in Customs Matters was signed today in Mumbai, on the side-lines of the 80th Session of the Policy Commission Meeting of the World Customs Organisations (WCO) . The three day 80th Session of the Policy Commission Meeting of the WCO is being organised by the Central Board of Customs and Indirect Taxes (CBIC), Government of India in Mumbai, India, from 3rd to 5th December 2018.
The Agreement was signed by Mr. S. Ramesh, Chairman, CBIC on behalf of the Government of India and Mr. Rafael Garcia, as the National Superintendent of Customs on behalf of the Government of the Republic of Peru.
The Agreement provides a legal framework for sharing of information and intelligence between the Customs authorities of the two countries and will help in the proper application of Customs laws, prevention and investigation of Customs offences. The Agreement will also help in the availability of relevant information for the prevention and investigation of Customs offences. The Agreement is expected to facilitate trade and ensure efficient clearance of goods traded between the two countries.