June 30, 2014
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Mexico signs a Mutual Recognition Agreement with the Republic of Korea

Photo by Chris Liverani on Unsplash

The signing of a Mutual Recognition Agreement (MRA) between Mexico and the Republic of Korea on 11 March 2014 affirms the compatibility between their respective trade partnership programmes. This event is also a boost for the WCO’s efforts to encourage its Member Customs administrations to recognize each other’s Authorized Economic Operator (AEO) initiatives.

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EU Customs Reform: What can future Trust and Check Traders and other traders expect?
2024-03-20

Editors' note: We are starting a series of articles on the most important legal aspects of the proposed EU Customs Reform. This article deals with the concept of 'Trust and Check Trader', an enhanced version of the 'Authorised Economic Operator' concept. The author describes the relevant part of the Impact Assessment prepared alongside the legislative proposals, the differences of treatment between future Trust and Check Traders and other economic operators, and provides an assessment of the proposed changes.

Michael Lux

trusted trader, AEO, law
en
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EU Customs Reform: What can future Trust and Check Traders and other traders expect?
2024-03-20

Editors' note: We are starting a series of articles on the most important legal aspects of the proposed EU Customs Reform. This article deals with the concept of 'Trust and Check Trader', an enhanced version of the 'Authorised Economic Operator' concept. The author describes the relevant part of the Impact Assessment prepared alongside the legislative proposals, the differences of treatment between future Trust and Check Traders and other economic operators, and provides an assessment of the proposed changes.

Michael Lux

trusted trader, AEO, law
en, lt
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Due diligence: highlighting the challenges for SMEs
2024-02-23

Performing due diligence can be challenging for SMEs, and regulators should take this into account when designing trade compliance programmes and initiatives.

Eduardo Leite LLB, LLM

trusted trader, AEO
en, lt
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Due diligence: highlighting the challenges for SMEs
2024-02-23

Performing due diligence can be challenging for SMEs, and regulators should take this into account when designing trade compliance programmes and initiatives.

Eduardo Leite LLB, LLM

trusted trader, AEO
en, lt
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Wise Persons Group recommendations: what is the future of EU customs?
2022-05-02

In order to stimulate 'thinking outside the box' in the EU debate on the future of the Customs Union, the European Commission has established a Wise Persons Group on Challenges Facing the Customs Union (WPG) to reflect on four key topics: e-commerce, risk management, the effective management of non-financial tasks and the future of customs governance structure. The group consists of 12 representatives of business, science and state institutions. The result of their work is presented in the report published on 31 March 2022, reviewing both the current customs situation and the origins of the systemic problems, as well as providing 10 recommendations for a major breakthrough.

Monika Bielskienė

trusted trader, AEO, law, e-commerce
en, lt
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Wise Persons Group recommendations: what is the future of EU customs?
2022-05-02

In order to stimulate 'thinking outside the box' in the EU debate on the future of the Customs Union, the European Commission has established a Wise Persons Group on Challenges Facing the Customs Union (WPG) to reflect on four key topics: e-commerce, risk management, the effective management of non-financial tasks and the future of customs governance structure. The group consists of 12 representatives of business, science and state institutions. The result of their work is presented in the report published on 31 March 2022, reviewing both the current customs situation and the origins of the systemic problems, as well as providing 10 recommendations for a major breakthrough.

Monika Bielskienė

trusted trader, AEO, law, e-commerce
en, fr, lt
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Harmonization of procedures is still work in progress
2021-03-04

The authors of this article argue that harmonization should be high on the agenda both of those who make, and of those who enforce, legislation. To illustrate, they explain some of the issues faced by businesses due to the lack of harmonization of rules, or to the non-harmonized implementation of these rules. Three topics are addressed: the difficulty of identifying preferential rules of origin for a given HS code; the process to obtain a Customs registration number in the European Union; and the implementation of the AEO Programme in Ukraine.

Anna Gayk

trusted trader, AEO, customs clearance, origin
en, fr, lt
icon
Harmonization of procedures is still work in progress
2021-03-04

The authors of this article argue that harmonization should be high on the agenda both of those who make, and of those who enforce, legislation. To illustrate, they explain some of the issues faced by businesses due to the lack of harmonization of rules, or to the non-harmonized implementation of these rules. Three topics are addressed: the difficulty of identifying preferential rules of origin for a given HS code; the process to obtain a Customs registration number in the European Union; and the implementation of the AEO Programme in Ukraine.

Anna Gayk

trusted trader, AEO, customs clearance, origin
en, lt
icon
AEO: a look at other countries’ programmes and mutual recognition agreements
2021-02-04

Continuing the overview launched a year ago, we present a review of the AEO Compendium 2020 published by the World Customs Organization (WCO). There was in the previous review mentioned that, following Brexit, the EU and the United Kingdom are likely to sign an agreement on the mutual recognition of AEO programmes (which has already been signed) and that the AEO certificate will become even more desirable. We are after Brexit and before the VAT changes on low-value consignments entry in force - the number of businesses facing customs formalities is growing, as is the number of companies planning to apply for AEO status, so the topic of AEO remains important. What do we learn by reading the AEO Compendium? The compendium presents how the AEO programme has been developed in various countries over the past year, what mutual agreements have been concluded between the countries and the benefits for businesses with AEO status.

Jovita Dobrovalskienė

trusted trader, AEO
en, lt
icon
AEO: a look at other countries’ programmes and mutual recognition agreements
2021-02-04

Continuing the overview launched a year ago, we present a review of the AEO Compendium 2020 published by the World Customs Organization (WCO). There was in the previous review mentioned that, following Brexit, the EU and the United Kingdom are likely to sign an agreement on the mutual recognition of AEO programmes (which has already been signed) and that the AEO certificate will become even more desirable. We are after Brexit and before the VAT changes on low-value consignments entry in force - the number of businesses facing customs formalities is growing, as is the number of companies planning to apply for AEO status, so the topic of AEO remains important. What do we learn by reading the AEO Compendium? The compendium presents how the AEO programme has been developed in various countries over the past year, what mutual agreements have been concluded between the countries and the benefits for businesses with AEO status.

Jovita Dobrovalskienė

trusted trader, AEO
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