fsayed
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Published on Jul 28, 2017CHINA is out and INDIA becomes No 1 TRADE Hub of ASIA . India strategic as transit point for south Asia: WCO secretary . Prime minister Modi initiated Tarde hub . India becomes South Asia's transit trade hub sending china back . Indian trade and Indian economy at its best . Chinas one belt one road initiative and silk road trade is now on low phase . Due to India Sikkim china border issue with Chinese military and Indian dokalam sector .
NEW DELHI India has a strategic position as a transit point to provide connectivity in South Asia and National Trade Facilitation Action Plan would push forward trade facilitation agenda, World Customs Organisation secretary general Kunio Mikuriya said. “Increasingly, we can see that customs can contribute to business competitiveness...India is in a strategic position to provide transit to many South Asian countries," Mikuriya said at a conference organised by FICCI and Central Board of Excise and Customs on Friday. However, he said the action plan had concrete steps, the key lay in its implementation.
He said WTO's Trade Facilitation Agreement would simplify procedures and enhance competitiveness, making economies more vibrant leading to increase in revenue.
Also, he said, World Customs Organisation was looking at leveraging digital technology to support e-commerce. CBEC chairman Vanaja Sarna said National Committee on Trade Facilitation has adopted 76 action plans, which reflects the government's commitment to implement the Trade Facilitation Agreement.
The national plan would be monitored by the steering committee, the operational arm of the NCTF, co-chaired by the revenue secretary and commerce secretary. While china is getting defected to its South China sea Issue. India Becomes No 1 the Transit Trade Hub of South Asia.
@jbgt90 @ranjeet @4GTejasBVR @The_Showstopper @guest11 @ranjeet
@GURU DUTT
Published on Jul 28, 2017CHINA is out and INDIA becomes No 1 TRADE Hub of ASIA . India strategic as transit point for south Asia: WCO secretary . Prime minister Modi initiated Tarde hub . India becomes South Asia's transit trade hub sending china back . Indian trade and Indian economy at its best . Chinas one belt one road initiative and silk road trade is now on low phase . Due to India Sikkim china border issue with Chinese military and Indian dokalam sector .
NEW DELHI India has a strategic position as a transit point to provide connectivity in South Asia and National Trade Facilitation Action Plan would push forward trade facilitation agenda, World Customs Organisation secretary general Kunio Mikuriya said. “Increasingly, we can see that customs can contribute to business competitiveness...India is in a strategic position to provide transit to many South Asian countries," Mikuriya said at a conference organised by FICCI and Central Board of Excise and Customs on Friday. However, he said the action plan had concrete steps, the key lay in its implementation.
He said WTO's Trade Facilitation Agreement would simplify procedures and enhance competitiveness, making economies more vibrant leading to increase in revenue.
Also, he said, World Customs Organisation was looking at leveraging digital technology to support e-commerce. CBEC chairman Vanaja Sarna said National Committee on Trade Facilitation has adopted 76 action plans, which reflects the government's commitment to implement the Trade Facilitation Agreement.
The national plan would be monitored by the steering committee, the operational arm of the NCTF, co-chaired by the revenue secretary and commerce secretary. While china is getting defected to its South China sea Issue. India Becomes No 1 the Transit Trade Hub of South Asia.
