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Authorised Economic Operator

The AEO regime, which forms part of Customs Security Programme, has introduced an EU wide accreditation scheme for reliable businesses. In the UK HMRC are responsible for approving AEO applications and these have been accepted from 1 July 2007. Businesses seeking authorisation must prove themselves to be trusted and compliant members of the international supply chain and as a consequence will be entitled to benefits such as:

- Fewer physical or documentary examinations.
- If selected priority examination and clearance of goods.
- Access to simplifications such as guarantee waivers when the modernised Customs Code is agreed.
- Easier access to simplifications in other Member States due to the recognition of AEO status across the EU.

Whilst applications are voluntary AEO will be seen as a ‘kitemark’ for businesses involved in international trade and will take effect from 1 January 2008.

Similar measures are in place in the United States, New Zealand, South Africa, Canada and Vietnam. The World Customs Organisation is also encouraging all member states to adopt supply chain security measures.

(taken from http://www.sks.gb.com/aeo.html)

 
 

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