"Custom officials from both sides have met. Belgium is keen on the Green Channel. We are waiting for the Indian government's nod," an official said.
The Green Channel is being planned at the Jawaharlal Nehru Port Trust (JNPT), which handles 60 per cent of the country's container cargo, and Port of Antwerp in Belgium, the fifth largest port in the world.
Once the Green Channel agreement is signed, then the customs' clearance of one country would be honoured by the other country that would result in quick clearance of cargo.
"We clear any cargo in a couple of hours at Port of Antwerp. Whereas if it goes to a port in the UK, it will take eight days to clear," Port of Antwerp India representative Raj Khalid said. India exports steel, granites, strawberries, chemicals, textile and special tyres to Europe through Port of Antwerp and imports steel and textile machinery.
"India's non-diamond cargo to Port of Antwerp has gone up by 40 per cent," he added.
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The idea of developing a Green Channel was first mooted by India in 2006.