Authorized Economic Operator Clause Samples
The Authorized Economic Operator (AEO) clause establishes the recognition and treatment of parties who have been certified as compliant and trustworthy in international supply chains. This clause typically outlines the obligations and benefits for AEO-certified entities, such as expedited customs procedures, reduced inspections, or priority treatment at borders. Its core function is to facilitate smoother and more efficient cross-border trade by acknowledging the reliability of certified operators, thereby reducing delays and enhancing security in the movement of goods.
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Authorized Economic Operator. 1. The Parties shall implement Authorized Economic Operator programs in accordance with the WCO Framework of Standards to Secure and Facilitate Global Trade (SAFE Framework of Standards).
2. The Parties shall work towards Mutual Recognition Agreements for their Authorized Economic Operator programs.
Authorized Economic Operator. Buyer’s Affiliate, Daimler Vehículos Comerciales México, S. de ▇.▇. de C.V. (DVCM), participates in and supports Mexico’s Authorized Economic Operator (AEO) Supply Chain Security Program. The AEO Program contains eleven (11) minimum standards. DVCM and other AEO certified companies must ensure their compliance with these standards. The standards are strategic and directly relate to Seller’s supply chain security compliance. DDC and/or DVCM wilconduct periodic reviews of Mexico – based Seller’s processes and facilities based on risk and/or request a copy of Seller’s program approval certificate, or other certification letter or documentation signed by Seller’s legal representative confirming that the Mexico-based Seller complies with the minimum requirements of the AEO certification in all of DDC shipments.
Authorized Economic Operator. The Parties shall promote the implementation of the Authorized Economic Operator (hereinafter referred to as "AEO") concept according to the WCO SAFE Framework of Standards. Acknowledgment of the AEO security status shall be taken into account by the Parties in order to secure the international trade supply chains. In this respect, trade facilitation benefits shall be provided by the customs authority of an importing Party to operators meeting customs security standards and having AEO status granted by the customs authority of any Party.
Authorized Economic Operator. 1. The customs administrations of the Parties shall establish the program of Authorized Economic Operators (hereinafter referred to as the “AEO”) to promote informed compliance and efficiency of customs control, and to share best practices between the Parties.
2. The customs administrations of the Parties shall endeavour to work towards mutual recognition of AEO.
Authorized Economic Operator. Each Party shall endeavor to take appropriate measures to implement the Authorized Economic Operator (AEO) programs according to the WCO SAFE Framework of Standards to secure and facilitate global trade adopted by the Customs Co-operation Council.
Authorized Economic Operator. 1. The customs administrations of the Parties shall promote the implementation and strengthening of Authorized Economic Operator (hereinafter referred to as "AEO") programs, in accordance with the WCO Framework of Standards to Secure and Facilitate Global Trade (hereinafter referred to as the "SAFE Framework of Standards").
2. The customs administrations of the Parties undertake to seek mutual recognition of their AEO programs, with the objective of strengthening the security of the international trade supply chain and contributing significantly to the facilitation and control of trade operations of goods moving between the two Parties. To this end, the Parties shall exchange information on the current status of their respective AEO programs, in order to evaluate the development of an action plan with a view to reaching a mutual recognition agreement.
Authorized Economic Operator. The customs administrations of the Parties shall promote the implementation and strengthening of the Authorized Economic Operator programs (hereinafter referred to as “AEO”) in accordance with the WTO Framework of Standards to Secure and Facilitate Global Trade (hereinafter referred to as "Regulatory Framework SAFE”). The customs administrations of the Parties shall promote and work in the signing of mutual recognition agreements (hereinafter referred to as “MRA”) on AEO programs of the Parties. For the purposes of this Article, the Parties establish Annex 5.8.
Authorized Economic Operator. A Party operating an Authorized Economic Operator System or security measures affecting international trade flows shall:
(▇) ▇▇▇▇▇▇ the other Party the possibility to negotiate mutual recognition of authorization 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 WCO SAFE Framework of Standards to Secure and Facilitate Global Trade.
Authorized Economic Operator. The Parties shall promote the implementation of Authorized Economic Operators in accordance with the WCO Framework of Standards to Secure and Facilitate Global Trade (known as the SAFE Framework of Standards), to facilitate the clearance of their goods. Their obligations, requirements and formalities shall be established in accordance with the national legislation of each Party.