KUALA LUMPUR: The Malaysian International Chamber of Commerce and Industry (MICCI) is collaborating with the Royal Malaysian Customs Department (RMCD)...
The Malaysian International Chamber of Commerce and Industry is collaborating with the Royal Malaysian Customs Department to promote the Authorised Economic Operator programme in Malaysia.
The AEO is a concept introduced by the World Customs Organisation as part of the WCO SAFE Framework of Standards to secure and facilitate global trade. AEO certification is granted to parties involved in international trade that meet the stringent security and compliance requirements set by global customs administrations under the SAFE FoS and related international standards.
“MICCI and RMCD are both committed to fostering a secure and efficient trade environment in Malaysia, ultimately contributing to the nation's economic growth and global trade integration. 97 countries have implemented this programme and the key benefits that companies with AEO status can enjoy include auto-release of goods, faster clearance, deferred payment of duty and life-time accreditation,” added Tee.
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