AEO stands for Authorized Economic Operator, which is the collective name of high-credit enterprises certified by Customs around the world. You, as an importer and/or exporter, can also be an AEO participant in the international circulation of goods. In China, the official name of AEO is Advanced Certified Enterprise.
2023 was a good year for trade in Vietnam. According to the General Statistics Office of Vietnam, the import and export goods turnover in Vietnam reached 683 billion USD, with a trade surplus of 26 billion USD, more than double that in 2022.
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Canada’s forced labour and child labour act came into effect on January 1, 2024, and the responsibility to file a report on your supply chain is due on May 31st, 2024. The act is designed to remove or severely limit products of slave or child labour from the Canadian market.
Topics: North America
In 2015, the Paris Agreement was adopted under the United Nations Framework Convention of Climate Change and went into force in 2016. The agreement aims to hold the earth’s average temperature increase to less than 2°C and make collective efforts to limit the temperature increase to 1.5°C against pre-industrial levels.
Topics: Europe
Hello Friends. Just a reminder that billions of eligible drawback dollars go unclaimed each & every year here in the US. Yep..…you heard that right. In this new year and tough economy, we should be looking at every opportunity to positively impact the bottom line. If you haven’t established a duty drawback program, there is no better time than the present. Understanding and effectively utilizing duty drawback is crucial for automotive OEMs to thrive in the face of global competition.
Topics: Duty Drawback
