China and CBP Sign MOU on Supply Chain Security
U.S. Customs and Border Protection announced that it has signed a Memorandum of Understanding with the General Administration of Customs of the People’s Republic of China on Supply Chain Security and Facilitation.
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
According to CBP, the MOU will serve as a key component of a cooperative security and trade relationship between the two nations’ customs agencies.
U.S. and China to Collaborate on Supply Chain Security Standards
CBP Deputy Commissioner Aguilar, who signed the MOU, stated that this understanding will create a cooperative mechanism for CBP and the General Administration of Customs to collaborate on supply chain security standards and enhance CBP’s implementation of a layered enforcement strategy.
MOU Signed During Second S&ED in Beijing
The MOU was signed during the second Strategic and Economic Dialogue, which took place in Beijing May 24 -- 25, 2010. The S&ED is an ongoing mechanism for addressing the challenges and opportunities that the U.S. and China share on a wide range of bilateral, regional, and global areas of immediate and long-term strategic and economic interest.
(See ITT’s Online Archives or 05/26/10 news, 10052662, for BP summary of the results of the 2nd meeting of the U.S.-China S&ED.)