- This MoU will mark the beginning of the electronic exchange of customs data between both countries.
- In this regard, Vivek Johri, CBIC Chairman, and Abdulla Shareef, Commissioner General of Maldives Customs, jointly launched the pilot on pre-arrival customs data exchange in a virtual manner.
- The MoU will also facilitate trade between both countries as there will be an electronic exchange of data on a real-time basis.
- This will enable fast-track customs payments, identify and eradicate frauds in the same and reduce the time for clearances.
- There will be an enhancement in supply chains and boost bilateral trade between India and Maldives.
- Static Part:
- Capital of Maldives: Male
- Currency of Maldives: Maldivian Rufiyaa
Question:
Q.1 With which country has India signed MoU for the purpose of a pilot project on pre-arrival cargo data exchange?
a. Sri Lanka
b. Maldives
c. Japan
d. Bangladesh
a. Sri Lanka
b. Maldives
c. Japan
d. Bangladesh