CMAA: Customs Signs Pact with India
CMAA: Customs Signs Pact with India
By Alabidun Shuaib AbdulRahman
The Nigeria Customs Service, NCS has taken a significant step towards bolstering bilateral relations with India, signing a Customs Mutual Administrative Agreement, CMAA.
Comptroller-General of Customs, Adewale Adeniyi represented the NCS at the signing ceremony, held at the Ministry of Foreign Affairs in Abuja.
INCNews247 reports that the agreement is the culmination of negotiations that began in 2016 and forms part of the engagements during the state visit by the Indian Prime Minister on November 17, 2024, at the State House, Abuja.
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Adeniyi hailed the CMAA as a “milestone achievement” that will enhance collaboration between customs administrations, streamline border clearance processes, and curb customs-related offenses.
By facilitating the swift clearance of goods and reducing trade costs, the CMAA is set to bolster cross-border trade development and improve the enforcement of customs laws.
The agreement underscores Nigeria’s commitment to fostering international trade partnerships while reinforcing the integrity and efficiency of its customs operations.
The CMAA is expected to further boost trade between the two nations, which has been growing steadily over the years.
The agreement is also seen as a significant step towards implementing the African Continental Free Trade Area (AFCFTA) Agreement, which Nigeria signed recently.