Italian company becomes 10,000th European company to sign up to EU-wide customs and trading certificate
Neri Spa of Livorno, Italy has become the 10,000th Authorised Economic Operator (AEO) by signing up to an EU-wide customs scheme that makes international trading faster and safer at customs checks on the EU borders. Global trade has exploded in the past decade and the chain of transport and logistics system for the world's cargo is becoming increasingly complex. This has forced customs administrations to improve their tools for managing the international movement of goods to better respond to threats related to security, safety and fraud.The AEO status at EU level identifies safe and reliable businesses that are engaged in international trade. Neri Spa has now signed up to this scheme too. This means the company has proven its high standards of compliance and stepped up the security of its operations by ensuring customs administrations get the right information (what is said to be in the container really is in the container and nothing else) or by securing access to its premises (no unauthorised persons can put goods in the container).
As a result, Neri Spa will become a highly trusted partner at customs checks. Fewer inspections on goods will be necessary and formal customs procedures will be much quicker to fill in. This will benefit the company and its clients because goods will be able to move from one destination to another quicker, which means lower transport costs.
Algirdas Šemeta, Commissioner for Taxation, Customs, Anti-fraud and Audit, said: "I welcome the 10,000th Authorised Economic Operator. This impressive number is an indication of the success of the AEO concept after only three years in existence. It shows that ensuring the security of the supply chain can go hand in hand with facilitating trade for business."
Giorgio Neri, Director of Neri Spa, said he was glad to have joined the scheme: "As a terminal operator and freight-forwarder I see the AEO status as a means to save time and money. I am also convinced that it will enhance my company's image and reputation."
Since 2008 European companies can apply for an AEO status to have easier access to customs simplifications and to be in a more favourable position to comply with the new EU security requirements. The number of companies that have signed up in the EU has grown steadily over the past 3 years. The EU wants its major trade partners across the globe to recognise the AEO status to facilitate and protect international trade even more in the future. Switzerland, Norway and Japan mutually recognise the EU's label. The EU expects this to be concluded soon with the USA and a similar agreement is also being negotiated with China.
More details are available from the Taxation and Customs Union website: http://ec.europa.eu/taxation_customs/customs/policy_issues/customs_security/aeo/index_en.htm
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