Common use of Authorized Economic Operator Clause in Contracts

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.

Appears in 3 contracts

Samples: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement

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Authorized Economic Operator. 1. The Parties' customs administrations of shall promote the Parties shall establish the program implementation and strengthening of Authorized Economic Operators Operator (hereinafter referred to as "AEO") Programs in accordance with the “AEO”) WCO Framework of Standards to promote informed compliance Secure and efficiency of customs control, and to share best practices between the PartiesFacilitate Global Trade. 2. The customs administrations To this end, the Parties undertake to exchange information on the current status of their respective programmes, with the aim of making them compatible as far as possible, and to sign, within 12 months of the Parties shall endeavour entry into force of this Agreement, an Action Plan with a view to work towards reaching a mutual recognition of AEOagreement.

Appears in 2 contracts

Samples: Free Trade Agreement, Free Trade Agreement

Authorized Economic Operator. 1. The customs administrations of the Parties shall establish promote the program implementation and strengthening of the Authorized Economic Operators Operator (hereinafter referred AEO) Programs, of The WCO Framework of Standards to as the “AEO”) to promote informed compliance Secure and efficiency of customs control, and to share best practices between the PartiesFacilitate Global Trade ("SAFE Framework"). 2. The customs administrations of To this end, the Parties shall endeavour undertake to work towards exchange information on the current status of their respective programs, in order to evaluate the development of an action plan with a view to reaching a mutual recognition of AEOagreement.

Appears in 2 contracts

Samples: Trade Agreement, Trade Agreement

Authorized Economic Operator. 1. The customs administrations of the Parties shall establish promote the program implementation and strengthening of Authorized Economic Operators Operator (hereinafter referred to as "AEO") programs in accordance with the “AEO”) Framework of Standards to promote informed compliance Secure and efficiency Facilitate Global Trade of customs control, and the World Customs Organization (hereinafter referred to share best practices between the Partiesas "WCO"). 2. The customs administrations of the Parties shall endeavour to shall, in accordance with their respective legal systems, encourage and work towards the conclusion of agreements on mutual recognition of AEOthe Parties' AEO programmes.

Appears in 1 contract

Samples: Economic Complementation Agreement

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Authorized Economic Operator. 1. The customs administrations of the Parties shall establish promote the program implementation and strengthening of their Authorized Economic Operators Operator (hereinafter referred AEO) programs, in accordance with the WCO Framework of Standards to as the “AEO”) to promote informed compliance Secure and efficiency Facilitate Global Trade (SAFE Framework of customs controlStandards), and to share best practices between shall move towards the Partiesconclusion of Mutual Recognition Agreements of such programs with each other. 2. The In this regard, the customs administrations of the Parties shall endeavour take the necessary measures to work towards mutual recognition of AEOagree on Mutual Recognition benefits for their Authorized Economic Operators.

Appears in 1 contract

Samples: Free Trade Agreement

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