Home Politics China and Serbia “hold hands” customs AEO mutual recognition
China and Serbia "hold hands" customs AEO mutual recognition

China and Serbia “hold hands” customs AEO mutual recognition

by YCPress

February 14 The reporter learned from the General Administration of Customs on the 14th that China and Serbia have signed a mutual recognition agreement between the “Certified Operator” (AEO) system.

This means that the level of bilateral trade security and facilitation between China and Serbia will be further improved.

The AEO system is advocated by the World Customs Organization.

It aims to provide enterprises with customs clearance facilities by certifying enterprises with high compliance, credit status and security level through customs.

Customs of different countries can recognize each other through AEO to give each other qualified enterprises relevant convenience.

According to the agreement, the facilities provided by the customs of China and Serbia to each other AEO enterprises include: applying a lower document audit rate; applying a lower inspection rate for imported goods;

giving priority to goods requiring physical inspection; and appointing customs liaison officers to communicate and solve problems encountered by project members in customs clearance.

; Priority will be given to customs clearance after the interruption and resumption of international trade.

It is worth mentioning that 12 of the 17 countries in Central and Eastern Europe have carried out AEO cooperation within the framework of the AEO mutual recognition decision signed in 2014.

The China-Sersey AEO Mutual Recognition Agreement is the first AEO cooperation document signed by China with the remaining five non-EU member states.

This is not only conducive to improving the level of bilateral trade security and facilitation between China and Serbia, but also laying the foundation for promoting the full coverage of AEO cooperation with 17 countries in Central and Eastern Europe.

Customs statistics show that up to now, China Customs has achieved mutual recognition of AEO with 43 countries and regions in 17 economies, including Singapore

South Korea and the European Union, and the number of countries and regions that have mutual recognition has remained the first in the world.

China’s exports to the above-mentioned countries and regions have accounted for nearly 40% of the total exports.