Centre Accords ‘AEO’ Status to Gem & Jewellery Sector

Centre Accords ‘AEO’ Status to Gem & Jewellery Sector : UPSC Mains General Studies Paper 3: Current Affairs in Economy Watch

On 26th April, 2024, the Centre assigned the Authorised Economic Operator (AEO) status to the gem and jewellery sector.

What is the Reason behind Inclusion?

  • Inclusion of the industry under AEO comes when export of gems and jewellery last fiscal declined 14 per cent to $32.28 billion against $37.74 billion logged in the same period last year due to weak demand.


  • This significant step will help enhancing the sector's competitiveness and facilitate smoother international trade operations, leading to holistic growth of the ....
Do You Want to Read More?
Subscribe Now

To get access to detailed content

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.