Waching daily Jul 29 2017

In 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.

So what do you think of India go upper or China will take the place

again.

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