China, Macau Sign Customs Agreement
China's General Administration of Customs and Macau Customs inked a mutual recognition agreement, which comes into effect June 1, China's customs agency announced, according to an unofficial translation. Under the accord, customs agencies of mainland China and Macau will recognize…
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each party's authorized economic operator (AEO) system and allow designated AEOs to clear customs with ease. Both parties will also provide a host of customs clearance facilitation services for the AEO enterprises, the customs administration said.