AEO-AUTHORISED-ECONOMIC-OPERATOR
Customs trusted operator status.
Definition
AEO status granted on the basis of WCO SAFE Framework (2005). Three certifications: AEO-C (Customs Simplifications), AEO-S (Security and Safety), AEO-F (Full). Mutual Recognition Agreements (MRA) between EU, US, Japan, China, Switzerland, Norway. ~16,000 AEO certifications in EU.
Origin
WCO SAFE Framework June 2005 ; EU AEO Regulation 648/2005 ; full application 1 January 2008.
Example in context
A French AEO-F SME clears customs without physical inspection 95% of the time, vs 60% for non-AEO.
Related terms
- WCO HS — same organisation.