What does authorized economic operator mean?
Definitions for authorized economic operator
au·tho·rized eco·nom·ic op·er·a·tor
This dictionary definitions page includes all the possible meanings, example usage and translations of the word authorized economic operator.
Wikipedia
Authorized economic operator
According to the World Customs Organization (WCO), an authorized economic operator (AEO) is "a party involved in the international movement of goods in whatever function that has been approved by or on behalf of a national Customs administration as complying with WCO or equivalent supply chain security standards. Authorized Economic Operators include inter alia manufacturers, importers, exporters, brokers, carriers, consolidators, intermediaries, ports, airports, terminal operators, integrated operators, warehouses and distributors" The growth of global trade and increasing security threats to the international movement of goods have forced customs administrations to shift their focus more and more to securing the international trade flow and away from the traditional task of collecting customs duties. Recognizing these developments, the WCO, drafted the WCO Framework of Standards to Secure and Facilitate global trade (SAFE). In the framework, several standards are included that can assist Customs administrations in meeting these new challenges. Developing an Authorized Economic Operator programme is a core part of SAFE.
Numerology
Chaldean Numerology
The numerical value of authorized economic operator in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of authorized economic operator in Pythagorean Numerology is: 6
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"authorized economic operator." Definitions.net. STANDS4 LLC, 2024. Web. 8 May 2024. <https://www.definitions.net/definition/authorized+economic+operator>.
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