The European Commission today released updated Authorised Economic Operator (AEO) guidelines.
As noted in the EC release, EU Member States can grant the AEO status to any economic operator meeting the following common criteria:
The status of AEO granted by one EU Member State is recognised by the other EU Member States. This does not automatically allow AEO to benefit from simplifications provided for in the customs rules in the other EU Member States. However, other EU Member States are to grant the use of simplifications to AEOs if they meet specific requirements and without re-examining criteria that have been already checked.
Economic operators can apply for an AEO status either to have easier access to customs simplifications or to be in a more favourable position to comply with the new security requirements. Under the security framework, which has been applicable since 1 July 2009, economic operators must submit pre-arrival and pre-departure information on goods entering or leaving the EU. The security type of AEO certificate and the combined one allow their holders to benefit from facilitations with regard to the customs controls relating to security. AEO holders also may benefit from mutual recognition agreements with countries outside the EU.
For more information, contact a professional with KPMG’s Trade & Customs practice:
Douglas Zuvich | +1 (312) 665-1022 | email@example.com
Andrew Siciliano | +1 (631) 425-6057 | firstname.lastname@example.org
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