authorized economic operator definition
authorized economic operator means a person who is accorded that status in accordance with Part XVI and the regulations made under this Act;
authorized economic operator means a person who is accorded that status in accordance with Part XVI;
authorized economic operator means a legal person registered as an authorized economic operator in terms of section 18B;”;
More Definitions of authorized economic operator
authorized economic operator is defined as: “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.”
authorized economic operator and the acronym “AEO” mean the simplified framework established by the Borrower to enhance the volume of trade processed by facilitating trade by accredited compliant or low-risk traders.
authorized economic operator. (AEO) which means a company validated and authorized by the respective Customs in accordance to their business with an internationally recognized security standard. This programme promotes an AEO certified company as ‘Secure’ and ‘Reli- able’ trade partner.