International Trade Today is a Warren News publication.

WCO Releases Newest SAFE Framework of Standards

The World Customs Organization posted the revised "SAFE Framework of Standards to Secure and Facilitate Global Trade," which was approved in June, WCO said in a July 26 news release. The framework is meant to improve cooperation among customs administrations, "for example through the exchange of information, mutual recognition of controls, mutual recognition of Authorized Economic Operators (AEOs), and mutual administrative assistance," WCO said. "In addition, it calls for enhanced Customs cooperation with government agencies entrusted with regulatory authority over certain goods (e.g., weapons, hazardous materials) and passengers, as well as with entities responsible for postal issues. The Framework now also includes a comprehensive list of AEO benefits with certain minimum assured benefits."

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.

Several new or updated tools are also in the works. That includes "the AEO Validator Guide; the Mutual Recognition Arrangement/Agreement (MRA) Strategy Guide; the MRA Implementation Guidance; the Advance Cargo Information (ACI) Implementation Guidance; the updated Integrated Supply Chain Management Guidelines; the Guidelines on Trader Identification Number (TIN); and the Handbook on data analysis; and the Frequently Asked Questions (FAQ) on linkages between" AEO and the World Trade Organization Trade Facilitation Agreement, it said.