China to join list of countries to recognise AEO

China is the latest country to mutually recognise Authorised Economic Operators, joining other countries Japan, Norway, Switzerland and the USA. The joint statement was signed on the 29th of June and will take effect in November 2015. Under the new agreement the EU and China will recognise each other’s accredited traders facilitating fast track security […]

Special customs precedures mandatory HMRC guarantees are coming in May 2016

In May 2016 mandatory HMRC guarantees will be required if your organisation operates a simplified customs procedure. This will tie up valuable funds and incur a significant annual cost. The special procedures include inwards & outwards processing relief, end use or operating a bonded warehouse. As an AEO your organisation will be entitled to full […]

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