After its comprehensive and rigorous review, the UK HMRC was pleased to issue NG Terminal Ltd the full status of AEO (Authorised Economic Operator). It means NG-Terminal has obtained:
- Authorised Economic Operator Customs Simplification (AEOC)
- Authorised Economic Operator Security and Safety (AEOS)
Authorised Economic Operator status is an internationally recognised quality mark that shows the business’s role in the international supply chain is secure and has customs control procedures that meet Authorised Economic Operator standards and criteria. The award is recognised not just within Europe but internationally, by the World Customs Organisation, and is compatible with similar schemes such as C-TPAT in the USA.
NG-Terminal can benefit from Mutual Recognition Agreements (MRAs). The UK negotiates MRAs with other customs authorities.
The UK has negotiated agreements with:
The UK is working towards having agreements in place with other partners. The benefits can include:
- faster clearance at the frontier
- less interventions
- lower risk scores
For more information please refer to: