 "exports, trade, economy")
India's merchandise imports and exports may soon face minimum interference by foreign customs authorities during trans-shipments as the government mulls signing an international agreement in this regard.
The Commerce Ministry is in the process of preparing a cabinet note which proposes that India become a signatory to the Convention on International Transport of Goods Under Cover of TIR Carnets (TIR Convention).
The Convention will allow India to join an international customs transit system that allows containerised goods to reach their destinations smoothly without the need to be inspected every time it crosses an intermediate border. It also provides customs authorities
