AEO
Overview of AEO (Authorized Economic Operator)
Following the 9/11 terror attacks on the US, many countries have joined forces to combat terrorism and C-TPAT and CSI (Container Security Initiatives), introduced by the U.S., have been part of this initiative. The EU amended the Community Customs Code and its implementing provisions in December, 2006. They provide traders (Authorized Economic Operator) that meet the compliance criteria for cargo security with preferential customs procedures. On January 1st 2008, the provisions for the AEO program will enter into force. In addition, it will become mandatory for traders to provide customs authorities with advance information on goods brought into, or out of the EU customs territory from July 1st 2009. AEO certified companies will be granted a streamlined approach to customs procedures and our European subsidiaries have already applied for and are preparing for this program.
Our Approach in Japan
The amended Customs Law was enacted in 2007 with the aim of revising the existing Simplified Export Declaration Procedure. This new law is the Japanese version of the AEO and offers preferential treatment to exporters who meet its high standards of compliance as well as a qualification system to obtain the preferential treatment. Nippon Express was the first nationwide company to be allowed to benefit from these new procedures. We ensure enforcement of compliance management to enable accurate warehouse operations.
Our Approach in Europe
In Europe, we set up a working group to examine the relevant procedures from early on in our preparations for earning AEO status. We have now completed the application process and are waiting for the certification.
Nippon Express Netherlands, in particular, was selected as one of the pilot companies by customs authorities. This illustrates the trusted reputation we have built with customs during our long history.
As requirements for qualification accreditation, we present;
- customs clearing related compliance status
- appropriately organized internal administrative system in relation to logistics and customs clearing procedures
- sound financial standing
- secure coordinated security management system
