Authorised Economic Operator (AEO)
What is Authorised Economic Operator?
Authorised Economic Operator (AEO) is an internationally recognised quality mark indicating that your role in the international supply chain is secure and that your customs controls and procedures are efficient & compliant.
Benefits include: Fast track shipments through customs, faster applications for inward processing and other customs authorisations. Establishment of sound policies & procedures reducing shipment delays.
Why is it important?
There is growing interest in AEO as more and more companies around the world are using the scheme. AEO has also been referenced by the government and various trade specialists in proposals for a future customs partnership with the EU post-Brexit.
AEO & Brexit
AEO could become even more important for business operating internationally especially as AEO is recognised throughout the EU. The Government has specifically mentioned the importance of AEO in their paper which discusses future customs arrangements.
All the models put forward thus far regarding the UK’s future trading relations with the EU have included some form of ‘Trusted Trader’ scheme to reduce delays and any barriers to trade at customs. At this time AEO is the de facto scheme recognised by the EU and mutually recognised internationally by a growing number of countries.
How can the Chamber assist?
The Chamber can offer members general support and advice on the topic of AEO and other customs issues. For those looking for more in depth help, including assistance in making an application, 1:1 support can be provided through our International Trade Consultancy.
For those embarking on an AEO application we run a regular series of full day training workshops which run through the AEO framework in detail. Click here to download our workshop programme for 2018.
To find out more about AEO, or for further information on how the Chamber of Commerce can help contact [email protected] or call the Chamber on 02476 654321 (selecting International Trade).
