Philippines Issues AEO Application Procedures for Trade Privileges
The Philippines recently announced “detailed” approval procedures for importers and exporters looking to become authorized economic operators, which grants them various trade privileges, the Hong Kong Trade Development Council reported Aug. 31. The procedures describe what information is required in…
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an AEO application, including the prescreening and risk-evaluation process before applications are accepted. HKTDC said AEOs will have access to dedicated cargo processing lanes, reduced inspection requirements and expedited clearances, among other benefits.