Mutual Recognition Agreement C Tpat

Mutual Recognition Agreement C Tpat

On 4 May 2012, an international agreement was signed between the United States and the EU on the mutual recognition of trusted traders in the supply chain. The agreement thus guarantees EU economic operators benefits for exports to the United States. They are offered discounts, the prospect of faster control and less effort in customs clearance. In return, U.S. trusted companies (C-TPAT status – “Us-Customs-Trade Partnership Against Terrorism”) enjoy preferential conditions for importation into the Community territory. However, to date, many companies have not yet recognized the economic benefits of accreditation as an AEO, as in practice the benefits were limited. That is why only 5,000 European companies have applied for AEO status, even though the trend is on the rise. However, mutual recognition of the AEO and C-TPAT should at least bring benefits to U.S. operations. Facilitate trade with the United States. A new international agreement guarantees the mutual recognition of trusted economic operators and thus facilitates companies` access to simplified customs procedures. Those seeking up-to-date information on the recognition of the AEO and C-TPAT security programs also find it in a document from the European Commission and U.S. Customs and Border Services.

The document on mutual recognition is available here: Frequently asked questions about C-TPAT and AEO recognition Since 2008, Community companies can apply for Approved Economic Operator (OAS) status. This issue is governed by Article 5 bis of the Customs Code (CZ). Licensed economic operators are exempt from customs formalities due to increased self-confidence. Status is recognised in other Member States. However, in order to obtain the status of an approved economic operator, it is necessary to complete an authorisation procedure. Admission to the AEO requires above all: the essential concept of mutual recognition is that the CTPAT and the Foreign Customs Administration programme have defined a standard set of security requirements allowing one business partnership program to identify the validation results of the other programme, which benefits both customs administrations and the private sector. The aim of mutual recognition is to link the various international inter-professional partnership programmes in order to cooperate and create a unique and sustainable security position that helps to secure and facilitate the global freight trade. Mutual recognition promotes end-to-end supply chain security on the basis of program membership.

Information about licensing requirements and the harmonized membership application can be found on the Trusted Trader Portal help page.