India's vision is to become the world's most efficient and trusted trade hub by expanding participation of authorised economic operators (AEOs), integrated free zones, and promoting innovative policies, Revenue Secretary Sanjay Malhotra said on Friday."We aim to set new benchmarks in trade facilitation and global connectivity," Malhotra said while delivering the valedictory address at the Global AEO Conference here.He further said technology and trust are two pillars of the revenue department and underscored the importance of expansion of Mutual Recognition Agreement (MRA) programme to include more regional and bilateral partners.India has been adopting technology both in direct and indirect tax administration, he said, adding that most of the services are online including appeals, refunds and payments."We actually generate billions and billions of bills of entry and shipping bills every year. To be able to do this without the help of technology is not possible," he said.
