{"id":97501,"date":"2017-01-10T18:20:56","date_gmt":"2017-01-10T12:50:56","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=97501"},"modified":"2017-01-10T18:20:56","modified_gmt":"2017-01-10T12:50:56","slug":"agreement-between-india-uruguay-on-cooperation-and-mutual-assistance-in-customs-matters-approved","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2017\/01\/10\/agreement-between-india-uruguay-on-cooperation-and-mutual-assistance-in-customs-matters-approved\/","title":{"rendered":"Agreement between India &#038; Uruguay on Cooperation and Mutual Assistance in Customs Matters, approved"},"content":{"rendered":"<p style=\"text-align: justify;\">The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved signing and ratifying an Agreement between India and Uruguay regarding Cooperation and Mutual Assistance in Customs Matters.\u00a0\u00a0The Agreement will help in the availability of relevant information for the prevention and investigation of Customs offences. The Agreement is also expected to facilitate trade and ensure efficient clearance of goods traded between the countries.\u00a0The draft Agreement takes care of Indian Customs&#8217; concerns and requirements, particularly in the area of exchange of information on the correctness of the Customs value declared, the authenticity of certificates of origin of goods and the description of the goods traded between the two countries.<\/p>\n<p style=\"text-align: justify;\"><strong>Background:\u00a0<\/strong>Uruguay is an important trading partner of India among members of the MERCOSUR, a trading block in Latin America. India signed a Preferential Trade Agreement (PTA) with the MERCOSUR which came into effect from 1<sup>st<\/sup> June, 2009. Trade between India and the Uruguay has been expanding gradually. The Agreement would provide a legal framework for sharing of information and intelligence between the Customs authorities of the two countries and help in the proper application of Customs laws, prevention and investigation of Customs offences and the facilitation of legitimate trade. The draft text of the proposed Agreement has been finalized with the concurrence of the two Customs Administrations.<\/p>\n<p style=\"text-align: right;\">Cabinet<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved signing and ratifying an Agreement between India and Uruguay <\/p>\n","protected":false},"author":91,"featured_media":28141,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2,8],"tags":[],"class_list":["post-97501","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-treaties_conventions_internationalagreements"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Agreement between India &amp; 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The Agreement is also expected to facilitate trade\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":211551,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/03\/07\/customs-tariff-determination-of-origin-of-goods-under-the-comprehensive-economic-cooperation-agreement-between-the-republic-of-india-and-republic-of-singapore-amendment-rules-2019\/","url_meta":{"origin":97501,"position":3},"title":"Customs Tariff Determination of Origin of Goods under Comprehensive Economic Cooperation Agreement between the Republic of India and Republic of Singapore (Amendment) Rules, 2019","author":"Bhumika Indulia","date":"March 7, 2019","format":false,"excerpt":"G.S.R. 185(E)\u2014 In exercise of the powers conferred by sub-section (1) of Section 5 of the Customs Tariff Act, 1975 ( 51 of 1975), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following rules further to amend the\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50721,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/06\/06\/list-of-mousagreements-signed-during-the-visit-of-prime-minister-to-qatar-on-june-05-2016\/","url_meta":{"origin":97501,"position":4},"title":"List of MoUs\/Agreements signed during the visit of Prime Minister to Qatar on June 05, 2016","author":"Sucheta","date":"June 6, 2016","format":false,"excerpt":"MoU between National Investment and Infrastructure Fund (NIIF), Ministry of Finance, Government of India and Qatar Investment Authority (QIA) The MoU aims at establishing framework for facilitating participation of Qatari institutional investors in Infrastructure projects in India under NIIF. 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