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Sino-Swiss AEO mutual recognition to be implemented benefits 561 Zhongshan companies
Updated: 2017-08-31    Source: Zhongshan Daily Large Medium Small Print

According to Zhongshan Customs, the Sino-Swiss Customs Mutual Recognition Agreement on Authorized Economic Operator (AEO) will take effect as of September 1 this year. Both Chinese and Swiss customs will offer AEO-identified enterprises with facilitation measures including reduced examinations, safe trade partners recognition, clearance priority, designated customs liaisons and priority of clearance after resuming from trade interruption.

According to Zhongshan Customs, from September 1 on, qualified traders can export goods to Switzerland with 30-50% time less spent on inspection and customs clearance, which will reduce trade cost in ports, insurance and logistics.

At present, there are 561 AEO-identified companies within Zhongshan customs area, 82 of which have advanced certification.

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