AEO & SELF AS­SESS­MENT

Freight For­warders & Cus­toms Bro­kers urge for clar­ity

Cargo Talk - - Front Page -

Au­tho­rised Eco­nomic Op­er­a­tor

a ccord­ing to Raghu Sankar G, ED, In­ter­na­tional Clear­ing and Ship­ping Agency, the Au­tho­rised Eco­nomic Op­er­a­tor (AEO) pro­gramme is a move in the right di­rec­tion. But the pace of progress needs to be ad­dressed. If and when im­ple­mented, it would def­i­nitely speed up the en­tire process. This, in turn, would trans­late to a re­duc­tion of trans­ac­tional costs. In AEO, there should be two cat­e­gories – one sec­tion of ser­vice providers to be manda­tory, and the other op­tional. Cus­to­di­ans, li­cenced by Cus­toms and han­dling the en­tire flow (ir­re­spec­tive of their clients – im­porters and ex­porters be­ing AEO or not), should manda­to­rily be in the loop to en­sure con­ti­nu­ity of the chain.

Prem Ku­mar M, CMD, Uni­world Group, main­tained that the AEO pro­gramme is a build­ing block to se­cure in­ter­na­tional trade-flow against se­cu­rity threats dur­ing the global move­ment of goods. AEO en­com­passes all stake­hold­ers in the sup­ply chain process from door-to-door; i.e, ex­porter, im­porter, freight op­er­a­tors, cus­tom bro­kers, ter­mi­nal op­er­a­tors, dis­trib­u­tors

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