Trade Facilitation Measures for Authorized Economic Operators Sample Clauses

Trade Facilitation Measures for Authorized Economic Operators. This article describes the use of Authorized Economic Operators (AEOs). A Member shall allow the classification of operators as AEOs on the basis of clear criteria related to compliance with standards, procedures and laws, and the criteria shall be published. Members shall open the possibility to negotiate with other Members the mutual recognition of AEOs. Current Situation There is an AEO system and the criteria are aligned with the principles in the article. The operators receive three of the facilitation measures listed in the TFA, namely b (low rate of physical inspections), c (rapid release) and e (use of comprehensive guarantees or reduced guarantees). Issues of Interpretation The item on mutual recognition is debatable, but it only requires the ‘possibility to negotiate’ and can be treated on a case-by-case basis, so it does not affect compliance. Though the acceptance of mutual recognition of AEOs of other countries is unlikely, the TFA only requires 'the possibility to negotiate mutual recognition' and there is scope for such negotiation. Barriers/Gaps None (there could be more benefitsfor AEOs, but the TFA only requires three). Proposal of Category and Deadline (years) “A” because the current system is sufficient to be considered compliant. Necessary Steps for Compliance None, giving more of the listed benefits to AEOs could be considered.
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