New Delhi: India and Mercosur, a bloc of five South American countries, have signed an agreement to accept Certificates of Origin in electronic form instead of only paper documents, in a move aimed at facilitating paperless trade between the two sides, according to a government statement.
To seek duty concessions under a trade pact, an importer has to furnish proof or a 'certificate of origin' of a product from the FTA (free trade agreement) partner.
