India, MERCOSUR Ink First Additional Protocol to Facilitate Electronic Certificates of Origin

India, MERCOSUR ink first additional protocol to facilitate electronic certificates of origin

India and MERCOSUR sign protocol to enable electronic Certificates of Origin, enhancing trade efficiency and streamlining customs operations.

India, Brazil-led bloc Mercosur ink pact to accept electronic Certificates of Origin

India and Mercosur have agreed to accept electronic Certificates of Origin. This move facilitates paperless trade and modernizes customs procedures between the two sides. The agreement allows electronic certificates to hold the same legal validity as paper documents. It is expected to reduce transaction costs and processing times significantly. The protocol will become effective after internal procedures are completed by all parties.

India and Mercosur Sign Protocol for Electronic Trade Certificates - OpenGov Asia

India and the Mercosur bloc have signed the First Additional Protocol to the India-Mercosur Preferential Trade Agreement (PTA), enabling the legal recognition of electronic certificates of origin in bilateral trade. The agreement is intended to support paperless trade processes, modernise customs administration and reduce transaction times for exporters and importers. According to the official announcement, […]