7 months ago

India Eases Export Documentation for WANA Markets

India Eases Export Documentation for WANA Markets
India simplifies export documentation for West Asia, North Africa markets · livemint.com

The Indian government has made it easier for businesses to export goods to countries in West Asia and North Africa (WANA).

They have given a special group called IACCIA the power to issue important papers called certificates of origin.

These papers help prove where the goods come from, which is important for customs checks.

This change is meant to help small and medium-sized businesses that often have trouble getting these papers quickly.

India has trade agreements with some countries in the WANA region, like the UAE and Oman, and is talking about making more agreements.

This should make it easier and faster for Indian businesses to sell their goods to these countries.

Key facts

Authorized Body
India & Arab Countries Chamber of Commerce, Industry and Agriculture (IACCIA)
Target Region
West Asia and North Africa (WANA)
Purpose
Non-preferential certificates of origin
Trade Agreements
FTAs with UAE, Oman; negotiations with Qatar
Key Export Destinations
UAE, Saudi Arabia, Iraq, Oman, Qatar, Egypt, Sudan
Total Bilateral Trade (FY25)
$216 billion
India's Exports to WANA (FY25)
$64 billion
India's Exports to UAE (FY25)
$36.64 billion

Quotes

Vinod Kumar

President, India SME Forum

“The decision may help in improving ease of doing business for exporters, particularly small and medium enterprises that often face bottlenecks in securing certificates during peak export cycles.”
livemint.com

Arun Kumar Garodia

Former chairman of the Engineering Export Promotion Council

“Authorising an agency to issue certificates of origin will help reduce procedural bottlenecks for exporters, particularly those trading with West Asia and North Africa where such documentation is routinely required.”
livemint.com

Sources

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