Authorised Economic Operator (AEO) Guidance Updated
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On March 11, 2016 the European Commission published an update to the AEO Guidelines. The AEO concept is one of the key security elements created within the Community Customs Code (Regulation (EC) 648/2005). The guidelines were recently updated to account for the experience gained, ensure harmonized implementation of the AEO rules, and align the guidance with the Union Customs Code (Regulation (EU) 952/2013). The Union Customs Code was adopted on October 9, 2013, entered into force on October 30, 2013, and will apply on May 1, 2016.
AEO status can be granted by any Member State to an economic operator meeting certain criteria in the following areas: customs compliance, record-keeping, financial solvency and, where relevant, appropriate security and safety standards.
Key Links:
- AEO Guidelines
- European Commission - Authorised Economic Operator (AEO)
- European Commission - The Union Customs Code
Key Term(s):
Authorized Economic Operator - is defined by the WCO SAFE Framework of Standards 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. AEOs include inter alia manufacturers, importers, exporters, brokers, carriers, consolidators, intermediaries, ports, airports, terminal operators, integrated operators, warehouses and distributors.
