name   천일그룹  tel   
date   2018-11-30 E-mail

  
title   Korea, Turkey Agree on AEO Mutual Recognition


Korea Customs Service and the Turkish Customs Authority signed a mutual
recognition agreement on the Authorized Economic Operator (AEO) program
on Monday. This is expected to allow Korea to establish a foothold for
its export promotion into the Eurasian market.

The AEO program allows Customs of both countries to grant clearance
facilitation for accredited AEOs such as lower examination rates,
priority inspections, and priority handling of customs clearance
documents at each country’s port.

For Korea, the number of completed MRAs has increased to 9 with the
addition of Turkey and two AEO MRA negotiations are on-going with India
and Brazil.