<h1>India and Philippines Sign Agreement to Boost Customs Cooperation and Trade Facilitation.</h1> The Union Cabinet of India, led by the Prime Minister, has approved an agreement with the Philippines focused on cooperation and mutual assistance in customs matters. This agreement aims to enhance the exchange of information for preventing and investigating customs offences, thereby facilitating trade and ensuring efficient clearance of goods between the two nations. It establishes a legal framework for sharing intelligence between customs authorities, addressing concerns such as the accuracy of customs valuations and the authenticity of certificates of origin. The agreement will be effective once both countries fulfill their national legal requirements.