Authorized Economic Operator (AEO) in Global Trade

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9 Questions

What does 'Bureau' refer to?

Customs administrative unit

Which of the following refers to the completion of customs and other government formalities?

Clearance

Under what customs procedure can certain goods be conditionally relieved from payment of import duties and taxes?

Conditional Importation

Who is referred to as a 'Customs Broker'?

Holder of a valid Certificate of Registration

What does 'Commission' refer to in this context?

Tariff Commission

What does 'Carrier' refer to?

Person transporting goods

What is the purpose of Conditional Importation?

To re-export goods within a specified period

'Customs Officer' differs from a clerk or employee by:

'Customs Officer' exercises discretion in performing duties

'Customs Office' refers to:

'Customs Office' refers to any customs administrative unit competent for performing customs functions

Explore the concept of Authorized Economic Operator (AEO) as per the World Customs Organization (WCO) standards and guidelines to facilitate global trade and ensure smooth movement of goods. Learn about the accreditation process and the entities involved in the AEO framework.

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