Removing Barriers to Trade China-Uganda agreement on mutual recognition of Authorized Economic Operator will cut costs, boost trade between the two sides

• 作者: Ge Lijun
• 来源期刊: 中国与非洲（英文版）
• 年，卷（期）: 2021,（7）
• 所属期刊栏目: Business
• 页码范围: 42-43
• 页数: 2页
• 语种: 英文

摘要

China and Uganda signed an Authorized Economic Operator (AEO) mutual recognition agreement on May 25 in a bid to expand trade between the two countries. The signing took place during the fifth World Customs Organization (WCO) Global AEO Conference held in Dubai, the United Arab Emirates, in May. This is the first such agreement signed between China and an African country, according to China's General Administration of Customs. Under the agreement, AEO licensees, especially businesses, will benefit from simplified customs procedures such as reduced security and safety controls and priority processing of AEO customs clearance.