Common use of Authorised Economic Operator Clause in Contracts

Authorised Economic Operator. 1. Each Party shall establish or maintain a trade facilitation partnership programme for operators who meet specified criteria, hereinafter referred to as the Authorised Economic Operator (AEO) programme, in accordance with the SAFE Framework. 2. Each Party shall publish the specified criteria to qualify as an AEO. The specified criteria shall relate to compliance or the risk of non-compliance, in accordance with requirements specified in the Party’s laws, regulations or procedures. The Parties may use the criteria set out in Article 7.7.2(a) of the Agreement on Trade Facilitation.

Appears in 3 contracts

Sources: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement