In May 2014, the EU and China signed a Mutual Recognition Agreement of Trusted Traders (AEO’s) in Beijing. The EU press release details that simplified and speedier customs procedures and formalities will benefit certified traders in by lowering the costs of transport.
Certified traders, who have been recognised as AEO’s, will benefit from a reduction of technical customs screenings and faster clearance times.
The aim the AEO status is to establish an secure international supply chain from supplier to consumer.
First Class Zollservice Ltd. supports companies on their way to certification as AEO or status updates from AEO-C or AEO-S to AEO-F.
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