Central Board of Indirect Taxes and Customs chairman Sanjay Kumar Agarwal on Thursday said India is actively pursuing negotiation for signing of mutual recognition agreements (MRAs) with customs authorities of about 30 countries. Mutual recognition agreements help ease overseas trade by avoiding dual certifications. It thus reduces compliance cost, simplifying compliance requirements by adhering to only one regulation and enhancing trade opportunities. India is proactively engaging with its trading partners to broaden and deepen the Authorised Economic Operator (AEO) program. India has successfully signed MRAs with several key trading partners including the US, South Korea, UAE, Taiwan, Australia and Malaysia, he said. "Negotiations are ongoing with over 30 countries with promising progress and discussions with Japan and South Africa," he said while addressing the Global Authorised Economic Operator (AEO) Conference here. The AEO programme enables the Customs administration to ...