Customs Cooperation Arrangement signed by India and New Zealand

Current Context: India and New Zealand have signed a Customs Cooperation Arrangement (CCA) to facilitate trade between the two countries.

• The agreement was signed on August 6, 2024 and aims to:
• Ease trade: Streamline customs procedures and reduce trade barriers.
• Enhance cooperation: Increase enforcement cooperation between the two countries.
• Exchange knowledge: Share best practices, new customs procedures, and technology.
• Resolve issues: Establish a framework for addressing potential trade disputes.
• This agreement is expected to boost bilateral trade and economic relations between India and New Zealand.

Question:

1 When was the Customs Cooperation Arrangement (CCA) between India and New Zealand signed?

• A) July 6, 2024
• B) August 6, 2024
• C) September 6, 2024
• D) October 6, 2024

Answer: B) The Customs Cooperation Arrangement (CCA) between India and New Zealand was signed on August 6, 2024, aiming to facilitate trade and cooperation between the two countries.