China, Japan Sign AEO Mutual Recognition Arrangement
China and Japan signed an authorized economic operator (AEO) mutual recognition arrangement on Oct. 26, China's General Administration of Customs said in a news release. Such agreements allow for the countries to consider each other's trusted trader programs within import…
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and export processing. Under the MRA, according to an informal translation, "China and Japan Customs will directly grant the following four convenience measures to the goods from the other AEO companies: full consideration of AEO qualifications when conducting risk assessment to reduce inspection and supervision; Rapid disposal; designated customs liaisons are responsible for communication to resolve problems encountered during AEO corporate clearance; after major infrastructure recovery from trade disruption, committed to providing maximum speed for goods imported from the other AEO company Clearance."