Traders should opt for AEO recognition
Business Standard|May 13, 2024
Last Wednesday, the World Customs Organisation (WCO) began a three-day global conference on Authorised Economic Operators (AEO) programme in Shanghai, China to deliberate on the theme 'Harnessing the Power of AEO Programmes for Inclusive and Sustainable Global Trade.

" It is the sixth such conference in the last ten years that has this year attracted over 1,200 delegates, mostly the Customs administrators from 108 countries.

For the discussions during the conference, the International Chamber of Commerce (ICC) has released its updated recommendations on how to improve the AEO programme globally so that it becomes a powerful tool to drive supply chain security and trade facilitation. Its key recommendations include driving the implementation of WCO'S SAFE framework of standards to secure and facilitate global trade (SAFE Framework), leveraging digitalisation to make the AEO processes more efficient and transparent, strengthening public-private partnership, ensuring a minimum set of benefits for AEOS, improving inter-agency recognition of AEO status, unlocking the potential of mutual recognition arrangements (MRA) between Customs administrations and fostering inclusivity in AEO programmes.

هذه القصة مأخوذة من طبعة May 13, 2024 من Business Standard.

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هذه القصة مأخوذة من طبعة May 13, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

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