Member nations of SAARC have agreed on common standards for biscuits, refined sugar, and milk products. The South Asian Regional Standards Organization (SARSO) has set regulatory standards for these three products, including requirements related to packaging, marking, labeling, and sampling of biscuits and refined sugar, as well as production, processing, and handling of milk and milk products.
Tags: SARSO, SAARC, Harmonization, Trade, Standards Harmonization
India is set to join the Transports Internationaux Routiers (TIR), or International Road Transport Convention in its bid to establish seamless trade connectivity with Southeast Asia and Eurasian countries. Through the TIR Convention, India could access Eurasia via the International North-South Transport Corridor. TIR would also give India an advantage in trade with fellow signatories of the Bangladesh, Bhutan, India, Nepal (BBIN) Motor Vehicles Agreement.
Tags: Bangladesh, Bhutan, India, Nepal, Connectivity, Customs, Economic corridor, Harmonization, Motor Vehicles Agreement, Road, Roads, Trade Facilitation, Trade, Transport, BBIN