Becoming an Authorized Economic Operator in the EU (AEO). Is It Worth It?

Becoming an AEO in the EU Is it Worth It - Blog Header

Acquiring an authorization, or as some would say, a certification proves that you have mastered a particular ability. You have spent time studying, understanding, and developing a skill set and are now authorized to apply that skill. You work towards these certifications throughout your life -- be it your Boy/Girl Scout badges, school diplomas, or your driving license.

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Topics: Europe, AEO

Why Authorized Economic Operator (AEO) Is Increasingly Important to Enterprises in China

Why AEO is Increasingly Important to Enterprises in China Header

On January 1, 2022, the Regional Comprehensive Economic Partnership (RCEP) came into force. RCEP members have a total population of 2.27 billion, a Gross Domestic Product (GDP) of 26 trillion US dollars, and a total export value of 5.2 trillion US dollars, accounting for about 30% of the global economy. After RCEP takes effect, more than 90% of the trade in goods among RCEP members will finally achieve 0% tariff.

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Topics: Asia, AEO

Authorised Economic Operator Program in India

India

Objective of the AEO Program

Apart from revenue collection, Trade Security and Trade Facilitation are important areas for customs agencies around the world. In order to secure and facilitate the trade, the World Customs Organisation (WCO) has adopted the SAFE framework of standards in 2005, which includes the Authorized Economic Operator Program (AEO Program) as one of three key pillars. India, as a member of the WCO, has adopted the AEO Program through the Customs Act, 1962.

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Topics: Asia, AEO

3 Takeaways from the Budget and Authorised Economic Operator Status

The Budget and Authorised Economic Operator Status

The presentation of the government’s budget before Parliament has always been an interesting affair. The perfunctory annual photo of the Chancellor of the Exchequer standing in front of Number 11 Downing Street with the red briefcase containing the Government’s budget for the year always seems to make a dull affair more interesting.

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Topics: Europe, AEO

Celebrating 10 Years of the EU Authorised Economic Operator Programme

Celebrating 10 Years of the EU Authorised Economic Operator Programme

It’s hard to believe that the Authorised Economic Operator (AEO) program has been available to EU traders for 10 years. The program was originally introduced in January 2008, after six years of planning and development.

So, what else has happened in the last 10 years?

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Topics: Europe, AEO