What are the benefits of AEO status?
A. • AEO’s will be recognised worldwide as safe, secure and compliant business partners in international trade; • AEO’s will be given a lower risk score in risk analysis systems when profiling; • If physical controls are to be conducted AEO’s will be given priority treatment; • Mutual recognition of AEO programmes under Joint Customs Co-operation Agreements could result in faster movement of their goods through third country borders; • Reduced data sets for entry and exit summary declarations – only for AEO safety and security ; • AEO’s will be in a stronger position to benefit from simplified procedures. As a consequence of increasing their safety and security standards, traders may also benefit from the following: • reduced theft and losses; • fewer delayed shipments; • improved planning; • improved customer loyalty; • reduced security and safety incidents; • reduced crime and vandalism; • improved security and communication between supply chain partners.
