Trade Facilitation Measures for Authorized Operators Sample Clauses

Trade Facilitation Measures for Authorized Operators. 7.1 Each Member shall provide additional trade facilitation measures related to import, export, or transit formalities and procedures, pursuant to paragraph 7.3, to operators who meet specified criteria, hereinafter called authorized operators. Alternatively, a Member may offer such trade facilitation measures through customs procedures generally available to all operators and is not required to establish a separate scheme.
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Trade Facilitation Measures for Authorized Operators. 1. Each State Party shall provide additional trade facilitation measures related to import, export, or transit formalities and procedures, pursuant to paragraph 3 of this Article, to operators who meet specified criteria, hereinafter called authorized operators. Alternatively, a State Party may offer such trade facilitation measures 4 Each Member may determine the scope and methodology of such average release time measurement in accordance with its needs and capacity through customs procedures generally available to all operators and is not required to establish a separate scheme.
Trade Facilitation Measures for Authorized Operators. Members shall provide additional trade facilitation measures to (authorized economic) operators who meet specified criteria. Brazil’s AEO program is designed to attract MSMEs Authorized Operators (AO) typically submit fewer documents, have fewer cargo inspections, enjoy rapid release, can defer payments, and may clear goods at their own premises. Fewer checks and simplified procedures save time and costs at border crossings. The possibility of deferring payment (and, to a lesser degree, comprehensive guarantees where one payment covers several transactions) is of significant value to MSMEs as it lends cashflow fluidity. Additional benefits derive from AO status being recognized by foreign Customs authorities through mutual recognition agreements, which would further ease cross-border movements. Customs administrations typically cooperate across borders and recognize each other’s seals of approval, so a known trader for one Customs administration may also enjoy similar recognition with another counterpart. Additional benefits may accrue from being granted AO status by Customs, since it is in essence certification as a trusted business, which may serve in marketing or B2B opportunities to which producers and consumers are increasingly attentive in their purchasing decisions. Although most AO 11 | THE TFA: A WORLD OF OPPORTUNITIES FOR MSMEs XXXXX.XXX programs are not designed for MSME participants, article 7.7.2(b) of the TFA requires that AO programs should be implemented in a manner that does not disincentivize the participation of MSMEs.

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