The Government has approved the Mutual Recognition Arrangement of Authorised Economic Operators between India and Australia in a Cabinet meeting today. The arrangement is aimed at providing reciprocal benefits to accredited and trusted exporters of both the signatories in the clearance of goods by the Customs authorities of the importing country. Mutual recognition of Authorised Economic Operators is a key element of the World Customs Organisation’s SAFE Framework of Standards to secure and facilitate global trade. This arrangement will benefit exporters to Australia and promote a trade relationship between the two countries.