Aussenwirtschaftsglossar

Authorised economic operators enjoy a particular status: They are seen as particularly reliable and trustworthy and thus have access to special benefits during customs clearance within the EU states. In the face of increasing globalisation and the changed international security situation, the World Customs Organisation (WCO) adopted the "Framework of Standards to Secure and Facilitate Global Trade" (SAFE) to create a global framework for modern and effective risk management for customs authorities. An important element of this security initiative is the introduction of the status of authorised economic operators (AEO). Since 1st January 2008, companies domiciled in the European Union and involved in customs activities can apply for this status. It allows them to benefit from facilitations of customs controls relating to security, such as the 24-hour rule and/or simplifications according to customs regulations. The aim is to secure the international supply chain from the producer to the end consumer. Presently, there are negotiations with Switzerland, as well as countries such as China and the US, to achieve global acceptance of the status.