Hong Kong Signs AEO Recognition Agreements With Canada, Israel
Hong Kong recently signed mutual recognition arrangements on authorized economic operator programs with Canada (see 1907010035) and Israel, the Hong Kong Customs and Excise Department (C&ED) said in a June 29 press release. Under the agreements, Hong Kong will recognize…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
members of Canadian and Israeli AEO programs for customs clearance facilitation purposes, and Hong Kong AEOs will receive reciprocal treatment in Canada and Israel, the release said. “The inspection rate for AEO cargoes is generally 80 per cent lower compared with that for non-AEO cargoes,” C&ED said. The two MRAs mean Hong Kong now has a total of 11 with countries around the world, including China, India, Korea, Singapore, Thailand, Malaysia, Japan, Australia and New Zealand.