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China-Uruguay Customs AEO Mutual Recognition Officially Implemented

2022-01-29

On January 26, the China-Uruguay Customs AEO Mutual Recognition Arrangement was officially implemented.


AEO is the abbreviation of Authorized Economic Operator, that is, "authenticated operator". It is an institutional arrangement advocated by the World Customs Organization to promote trade security and convenience. By carrying out AEO mutual recognition cooperation, the goods exported by China Customs and AEO enterprises of mutually recognized countries (regions) to each other can directly enjoy the convenience of customs clearance implemented by the local customs, thereby reducing trade costs.


Uruguay is an important trading partner that actively supports the joint construction of the "Belt and Road", while China has been Uruguay's largest trading partner and largest export market for many years. According to statistics, from January to December 2021, the total import and export value of China and Uzbekistan was 41.866 billion yuan, a year-on-year increase of 48.6%. Among them, the export to Ukraine was 18.471 billion yuan, a year-on-year increase of 56.5%; the import from Ukraine was 23.395 billion yuan, a year-on-year increase of 42.8%.


After the implementation of the China-Uzbekistan AEO mutual recognition arrangement, the goods of the AEO enterprises of the two countries will enjoy lower document review rate, lower inspection rate, priority inspection, designated liaison personnel to communicate and solve customs clearance problems, and priority customs clearance in extraordinary times. , which can significantly reduce trade costs such as ports, insurance, and logistics, and make the import and export supply chain more secure and smooth.


It is understood that AEO companies that have trade relations with Uruguay are looking forward to the implementation of the my country-Uruguay AEO Mutual Recognition Arrangement.


Guangzhou Hivit Technology Co., Ltd. is a technology-based industrial and trade enterprise integrating independent brand research and development and large-scale production. Liu Liqin, the company's customs declaration supervisor, said: "We have always intended to expand the Uruguay market, but due to the impact of the epidemic, currently only two agents have a long-term and stable cooperative relationship, and their market share in the Uruguay market is not large. As a customs AEO enterprise, China-Uruguay AEO mutual It is recognized that the implementation is a 'stimulant' for the company's development, and the convenience of many AEO customs clearance in the two countries can save the company a lot of customs clearance time and logistics costs, which will help us actively respond to the impact of the epidemic and better expand foreign markets."


ANDRITZ (China) Co., Ltd. is an internationally renowned manufacturer of hydropower and pulp and paper equipment. In 2021, the company's import and export value will reach 1.8 billion yuan. After learning that the AEO mutual recognition arrangement between China and Uruguay is about to be implemented, Chen Hongjie, a senior executive of the company, said: "The company's customers are interested in Uruguay's rich forestry resources. After investing in the eucalyptus wood pulp plant project in Uruguay in 2019, they purchased a lot of core equipment from our company. Last year alone, the export value of our company involved in this project exceeded 300 million yuan. We are confident that the implementation of AEO mutual recognition will greatly improve the customs clearance efficiency of our company's goods in Uruguay, thereby improving customer satisfaction. It is foreseeable that our high-end equipment It will be even more powerful and expand a broader market in South America with the help of AEO mutual recognition!"


In order to fully enjoy the convenience of mutual recognition, Chinese and Uzbek AEO enterprises need to accurately fill in the AEO code during customs clearance. Chinese AEO enterprises that have import and export trade with Uruguay need to inform the Uruguayan importer or exporter of the AEO code, who will fill in the declaration in accordance with Uruguay customs regulations, and Uruguay customs will confirm the identity of the Chinese customs AEO enterprise and implement facilitation measures. When Chinese enterprises import goods from Uruguay AEO enterprises, they need to enter the "Overseas Shipper Code" column in the "Overseas Shipper" column of the import declaration form and the "Shipper AEO Code" in the water and air freight manifests respectively. Fill in the AEO code of the Uruguayan consignor in one column; when exporting goods to AEO enterprises in Uruguay, the "Overseas Consignee Code" column in the "Overseas Consignee" column of the export declaration form and the water and air freight manifests are required respectively. Fill in the AEO code of the Uruguayan consignee in the "Consignee AEO Code" column. my country's customs confirmed the identity of Uruguay's AEO enterprise and implemented facilitation measures.


As of the end of December 2021, China Customs has signed AEO mutual recognition agreements with 47 countries (regions) in 21 economies including the European Union, Singapore, Brazil, Serbia, and the number of mutually recognized countries and regions ranks first in the world. Among them, there are 31 countries under the Belt and Road Initiative, 5 RCEP members and 13 Central and Eastern European countries.


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