The Convention will enter into force for India on December 15, 2017.

The Convention is a multilateral treaty that aims to simplify and harmonize the formalities of international road transport and will help boost trade through smoother movement of goods across territories. Over 35,000 road transport operators worldwide are already authorized to use the TIR system effecting around 1.5 million TIR border crossing procedures per year.

India’s accession to the TIR Convention will open new efficient and faster transport opportunities and transport routes for the development of international economic corridors with its regional trading partners, including its access to Central Asia and the Commonwealth of Independent States (CIS) through the International North-South Transport Corridor (INSTC) via Chabahar Port in Iran as well as benefits from the Bangladesh – Bhutan – India – Nepal (BBIN) Motor Vehicles Agreement (MVA).

http://www.jiffa.or.jp/en/news/entry-4805.html

Source: jiffa
2017-06-27

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