After the 911 incident in 2001, the World Customs Organization adopted the SAFE Framework of standards to secure and facilitate global trade, including the "Authorized Economic Operator (AEO)" system. An AEO is an enterprise that is certified by the Customs to be financially solvent, law-abiding, and better in security measures. The AEO systems not only protects the global trade and supply chain but also helps enhance corporate image, profits, and international competitiveness.
Taichung Customs stated that Taiwan Customs has been committed to implementing the AEO system for more than 10 years, and there are 406 high-quality enterprises with safety certification. Furthermore, Taiwan Customs has signed AEO Mutual Recognition Arrangements (MRAs) with the United States, Korea, Israel, Singapore, Australia, Japan, India, New Zealand and Guatemala. The enterprises with AEO qualifications are granted with preferential customs clearance measures for import and export goods by the Customs, and the time of cargo release will be faster than that of general goods. The AEO certification has become an indispensable part of trade facilitation.
Taichung Customs further expressed that the influence of the COVID-19 pandemic in recent years has dealt a heavy blow to the global economy and brought great challenges to governments and enterprises of countries worldwide. We are looking forward to seeing more international traders to obtain AEO status, introduce modern supply chain security standards, provide the end-to-end management of goods moving across borders, and establish a closer partnership with Customs to pursue promising prosperity. If you need further information regarding the AEO application, please contact 04-2656-5101 ext. 368, 369.