Which of the following countries signed a bilateral Customs Cooperation Arrangement agreement in August 2024?
AIndia and Singapore
BIndia and New Zealand
CNew Zealand and Bhutan
DSingapore and New Zealand
Answer:
B. India and New Zealand
Read Explanation:
To ease bilateral trade, India and New Zealand signed a bilateral Customs Cooperation Arrangement agreement.
The agreement was signed in Wellington on 8 August 2024 during President Droupadi Murmu's two-day official visit to New Zealand
India and New Zealand (NZ) have historically shared close and cordial ties.
Similarities such as membership of the Commonwealth, common law practices and pursuing shared aspirations of achieving economic development and prosperity through democratic governance systems for diverse communities in both countries (NZ prides itself as one of the most ethnically diverse countries in the world with 213 ethnicities officially recorded) provide an excellent backdrop for deepening the friendly ties.
