Electronic Data Interchange (EDI) Launched for North East | 04 Mar 2024

Source: PIB

  • Union Minister for Finance launched the Electronic Data Interchange (EDI) at Land Customs Stations (LCS) of the North East Region (NER) aiming to enhance regional trade and foster economic growth by making the movement of goods and customs clearances more efficient.
  • The implementation of Electronic Data Interchange (EDI) is set to empower trade community members and stakeholders in customs clearance by reducing dwell time and costs in cross-border trade.
  • Digitizing these LCSs along the India-Bangladesh and India-Myanmar borders, established from 1948 onwards to boost trade and travel, complements the Act East Policy, enhancing market linkages and regional development through secure, paperless transactions and online payments.

Read more: Act East Policy