Authorised Economic Operator Sample Clauses

Authorised Economic Operator. The Parties shall promote the implementation of the Authorised Economic Operator (hereinafter referred to as "AEO") concept according to the WCO SAFE. A Party shall grant AEO security status and trade facilitation benefits to operators meeting its customs security standards, in accordance with its domestic legislation.
AutoNDA by SimpleDocs
Authorised Economic Operator. 1. Each Party shall establish or maintain a trade facilitation partnership programme for operators who meet specified criteria, hereinafter referred to as the Authorised Economic Operator (AEO) programme, in accordance with the SAFE Framework. 2. Each Party shall publish the specified criteria to qualify as an AEO. The specified criteria shall relate to compliance or the risk of non-compliance, in accordance with requirements specified in the Party’s laws, regulations or procedures. The Parties may use the criteria set out in Article 7.7.2(a) of the Agreement on Trade Facilitation.
Authorised Economic Operator. The Parties shall promote the implementation of economic operators authorised under the Framework of Standards to Secure and Facilitate Global Trade (known as the WCO SAFE Framework), to facilitate the clearance of goods. its obligations, requirements and formalities shall be established in accordance with the national legislation of each party.
Authorised Economic Operator. 1. Each Party shall establish or maintain a trade facilitation partnership programme for operators who meet specified criteria, hereinafter referred to as the Authorised Economic Operator (AEO) programme, in accordance with the SAFE Framework. 2. Each Party shall publish the specified criteria to qualify as an AEO. The specified criteria shall relate to compliance or the risk of non-compliance, in accordance with requirements specified in the Party’s laws, regulations or procedures. The Parties may use the criteria set out in Article 7.7.2(a) of the Agreement on Trade Facilitation. 3. The specified criteria to qualify as an AEO shall not be designed or applied so as to afford or create arbitrary or unjustifiable discrimination between operators where the same conditions prevail. The specified criteria shall be designed or applied so as to allow the participation of small and medium- sized enterprises. 4. The AEO programme shall include specific benefits for such operators that meet the specified criteria, taking into account the commitments of each Party under Article 7.7.3 of the Agreement on Trade Facilitation. 5. The Parties are encouraged to enter into a mutual recognition arrangement in relation to their respective AEO programmes.
Authorised Economic Operator. 1. Each Party shall provide additional trade facilitation measures related to import, export, or transit formalities and procedures to operators who meet specified criteria, hereinafter called authorised economic operators. Alternatively, a Party may offer such trade facilitation measures through customs procedures generally available to all operators and is not required to establish a separate scheme. 2. The specified criteria to qualify as an authorised economic operator shall be related to compliance, or the risk of non-compliance, with requirements specified in a Party’s laws, regulations or procedures. 3. The customs authorities of the Parties will encourage and work towards an agreement on mutual recognition of authorised economic operator schemes.
Authorised Economic Operator. A Party operating an Authorised Economic Operator System or security measures affecting international trade flows shall: (a) afford the other Party the possibility of negotiating mutual recognition of authorisation and security measures for the purpose of facilitating international trade while ensuring effective customs control; and (b) draw on relevant international standards, in particular the SAFE Framework of Standards to Secure and Facilitate Global Trade of the World Customs Organization.
Authorised Economic Operator. 1. For the purposes of compliance with the provisions of Article 5.8 of this Chapter, the Parties hereby establish the following lines of action: (a) identifying the current state of their respective programmes and their level of progress; (b) holding video conference calls, workshops and other support and monitoring actions pertaining to their respective programmes in their different phases; (c) promoting the development of the steps necessary for the registration of MRA, taking into account compliance with, as a minimum, extant programmes in force which have authorised economic operators; (d) endeavouring, as much as is possible, to ensure compatibility between programmes with respect to the requirements, benefits and procedures related to authorisation or certification, which allow MRA registration between the Parties; and (e) managing the support of international bodies in the described activities and others that may be agreed between the Parties. 2. For the purposes of ensuring compliance with the provisions of this Annex: (a) the Parties hereby establish the Technical Group of Authorised Economic Operator, comprised of the administrative authorities of their respective AEO programmes; and (b) said group shall determine its mode of operation and draw up its plan of action within the three months following the entry into force of this Additional Protocol. Framework for Implementation of SWFT Interoperability 1. For the purposes of this Annex: 2. In accordance with Article 5.9, the objective of this Annex is to propose a general framework for achieving interoperability between the SWFT of the Parties. 3. The interoperability of the SWFT covers technological aspects, strategic and normative guidelines, the adoption of international standards and best practices for cooperation between the Parties and the facilitation of trade, through the exchange of information between their SWFT. 4. The implementation of interoperability between SWFT includes lines of action illustrated in the following aspects: (a) process: determines the objectives of businesses, standardises concepts with the aim of increasing understanding of all Parties' processes, analyses the processes in an integrated fashion, identifies information of interest to each of them and opportunities where this is required to achieve an overall interoperability model for inter-SWFT processes; (b) semantics: building on the processes aspect, this defines a single, unambiguous meaning for the informatio...
AutoNDA by SimpleDocs
Authorised Economic Operator. For the purposes of compliance with the provisions of Article 5.8 of this Chapter, the Parties hereby establish the following lines of action: identifying the current state of their respective programmes and their level of progress; holding video conference calls, workshops and other support and monitoring actions pertaining to their respective programmes in their different phases; promoting the development of the steps necessary for the registration of MRA, taking into account compliance with, as a minimum, extant programmes in force which have authorised economic operators; endeavouring, as much as is possible, to ensure compatibility between programmes with respect to the requirements, benefits and procedures related to authorisation or certification, which allow MRA registration between the Parties; and managing the support of international bodies in the described activities and others that may be agreed between the Parties. For the purposes of ensuring compliance with the provisions of this Annex: the Parties hereby establish the Technical Group of Authorised Economic Operator, comprised of the administrative authorities of their respective AEO programmes; and said group shall determine its mode of operation and draw up its plan of action within the three months following the entry into force of this Additional Protocol. ANNEX 5.9: SINGLE WINDOW FOR FOREIGN TRADE (SWFT) For the purposes of this Annex: dimension refers to the aspects necessary to achieve interoperability; interoperability refers to the systems' ability to allow the exchange of information electronically, following internationally accepted standards; and Single Window for Foreign Trade refers to a trade facilitation tool, which allows the entry of standardised information into a single entity thereby favouring the exchange of information electronically. In accordance with Article 5.9, the objective of this Annex is to propose a general framework for achieving interoperability between the SWFT of the Parties. The interoperability of the SWFT covers technological aspects, strategic and normative guidelines, the adoption of international standards and best practices for cooperation between the Parties and the facilitation of trade, through the exchange of information between their SWFT. The implementation of interoperability between SWFT includes lines of action illustrated in the following aspects: process: determines the objectives of businesses, standardises concepts with the aim of inc...
Authorised Economic Operator. 1. A Contracting Party shall grant, subject to the criteria laid down in Annex II to this Agreement, the status of ‘authorised economic operator’ for security purposes to any economic operator established in its customs territory. The requirement concerning establishment in the customs territory of the Contracting Party where the application for this status is made may be waived under certain conditions and for specific categories of authorised economic operators, taking into account agreements with third countries in particular. Furthermore, each Contracting Party shall decide whether, and under what conditions, an airline or a shipping company not established in its territory but having a regional office there may be accorded this status. Authorised economic operators shall enjoy facilitations in respect of security-related customs controls. Subject to the rules and conditions set out in paragraph 2, the status of authorised economic operator granted by a Contracting Party shall be recognised by the other Contracting Party, without prejudice to customs inspections, particularly with a view to implementing agreements with third countries providing for arrangements for the mutual recognition of the status of authorised economic operator. 2. Annex II lays down: — the rules for granting the status of authorised economic operator, and in particular the criteria for granting this status and the conditions for applying them, — the type of facilitations that may be accorded, — the rules on the suspension and revocation of the status of authorised economic operator, — the arrangements for exchanges of information between the Contracting Parties on their authorised economic operators, — any other measure necessary for the application of this Article.
Authorised Economic Operator. 1. A Contracting Party shall grant, subject to the criteria laid down in Xxxxx XX, the status of ‘authorised economic operator’ for security purposes to any economic operator established in its customs territory and in the case of Switzerland its customs exclaves of Samnaun and Sampuoir. Authorised economic operators shall enjoy facilitations in respect of security-related customs controls. Subject to the rules and conditions set out in paragraph 2, the status of authorised economic operator granted by a Contracting Party shall be recognised by the other Contracting Party, without prejudice to customs inspections, particularly with a view to implementing agreements with third countries providing for arrangements for the mutual recognition of the status of authorised economic operator. 2. Xxxxx XX lays down: — the rules for granting the status of authorised economic operator, and in particular the criteria for granting this status and the conditions for applying them, — the type of facilitations that shall be accorded, — the rules on the suspension, annulment and revocation of the status of authorised economic operator, — the arrangements for exchanges of information between the Contracting Parties on their authorised economic operators,‌ — any other measure necessary for the application of this Article.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!