Authorised Economic Operator (AEO)
What is AEO certification?
The attack on USA on the 11th of September, 2011 lead to the tightening of security for imported goods around the world. Therefore, the concept of AEO was introduced by World Customs Organisation (WCO) to be adopted by different countries in connection to their national custom security measures.
An AEO is a concept that foster customs to business partnership. Basically, the AEO is involved in the international movement of goods that have been approved by the national customs authorities, as complying with the standards set by the WCO on the supply chain security.
Companies that do business internationally need to apply for the AEO certificate if they want to benefit from the advantages the certificate has to offer. Generally, the holders of AEO certificate get easier admittance to customs simplifications; are recognised as a secure and safe business partner; get improved relations with Customs and other government authorities; reduce the chances of loss of goods; get a lower inspection cost.