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India Post, US Postal Service signs an agreement:

Department of Posts, Government of India - India Post and United States Postal Service - USPS have signed an agreement for Electronic Exchange of Customs data related to postal shipments exchanged between the two countries.
 
Highlights:
♦The agreement signed will allow to transmit and receive electronic data of international postal items prior to their physical arrival at the destination and would enable customs clearance of postal items in advance in line with the evolving global postal framework.
♦The agreement will also improve the performance of postal services in terms of reliability, visibility and security.
♦The USA is the top export destination for India which is also reflected in the exchange of goods through the postal channel. 
♦In 2019, around 20% of outbound EMS and 30% of Letters & Small Packets transmitted by India Post were destined to the USA whereas 60% of the Parcels received by India Post were originated from the USA. 
♦Exchange of Electronic Advance Data (EAD) as per the Agreement will be a key driver towards promoting mutual trade with emphasis on the exports from different parts of India to the USA.
♦The primary objective that will be served by this agreement is to facilitate ‘ease of exports’ for small and large exporters through postal channels from different parts of the country and will contribute towards making India an Export Hub for the world.
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