gem and jewellery sector: India's gem and jewellery sector gets AEO status from Finance Ministry
The gem and jewellery sector has been granted Authorised Economic Operator (AEO) status by the finance ministry, easing export-import processes with shorter cargo release times and reduced bank guarantees. This status, secured by efforts from GJEPC, aims to expedite customs cases and boost ease of doing business. Asian Star becomes the first recipient.
Source: indiatimes.com