With reference to Customs Convention on International Transport of Goods TIR Convention consid...........

Indian Economy (Easy) Infrastructure- Housing, Transport, Energy

With reference to Customs Convention on International Transport of Goods (TIR Convention),consider the following statements:

1. The convention facilitates seamless movements of goods within and amongst the parties to the Convention.

2. It is managed by International Road Transport Union.

3. Recently, India has ratified the Convention.

Which of the statements given above is/are correct?

2 and 3 only

1 and 3 only

1, 2 and 3

1 only

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Explanation:

The Customs Convention on International Transport of Goods under cover of TIR Carnets, 1975 (TIR Convention), is an international transit system under the auspices of the United Nations Economic Commission for Europe (UNECE) to facilitate the seamless movement of goods within and amongst the Parties to the Convention.