MRA Takes Effect on AEO Recognition Between Singapore and Australia
A mutual recognition arrangement between Singapore and Australia on authorized economic operator programs takes effect May 15, Singapore Customs said in a May 6 circular. Under the MRA, members of trusted trader programs in Singapore and Australia -- Secure Trade…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
Partnership and Australian Trusted Trader, respectively -- will now receive “facilitated customs clearance” in the other country. Singapore companies that are non-members of STP but are exporting to or importing from ATT companies, and Australian companies that are non-members of ATT but are exporting to or importing from STP companies, may still receive benefits if they include their business partner’s AEO code on their export or import declaration.