As of 1 May 2016, the new EU Customs Code will come into force and major changes will be implemented to customs regulations and procedures, as well as to dealings between operators and customs authorities, hence working together and faster thanks to the customs certification “Authorised Economic Operator” (AEO).
There are major benefits to AEO status holders, such as:
– reduced customs checks on import operations;
– reduced customs checks on the border with the United States, Japan and in the short-mid term with China (thanks to mutual recognition agreements);
– faster shipments and therefore less costs.