EU/US: Agreement on the Authorised Economic Operators (AEO)
Type: Archives [short]
New York,Baltimore,Newark - Port,Washington - White House,Washington - Capital,Antwerp - Port
EU and US certified trusted traders will enjoy lower costs, simplified procedures and greater predictability in their transatlantic activities, as a result of a mutual recognition decision signed on 4 May 2012.
The European Union and the United States formally agreed to recognise each other's safe traders, thereby allowing these companies to benefit from faster controls and reduced administration for customs clearance. Importantly, mutual recognition will also improve security on imports and exports, by enabling customs authorities to focus their attention on real risk areas.
This decision will further boost trade opportunities and contribute to the smooth flow of goods between both sides, without compromising the high security standards on either side of the Atlantic.
The joint decision will start to be implemented from 1 July 2012.
Only the original language version is authentic and it prevails in the event of its differing from the translated versions.
||Generic and title
||Container ships leaving the port of Antwerp, Belgium, 2002 (3 shots)
||Custom officer checking a container in Antwerp (5 shots)
||Containers on American ships (2 shots)
||Containers on docks (3 shots)
||Views of Washington (Capitol and White House) and aerial view of Manhattan (3 shots)
||A Maersk Line container ship arriving in Newark Port, 1997
||Port of Newark: containers terminal and loading containers (5 shots)
||US customs office in Baltimore
||US customs officer sealing imported goods (3 shots)
||Coat of arms of the US Customs Service