Authorities from the Customs of Chile and China agreed this Friday (1.3.2019) to begin negotiations for the eventual signing of the Mutual Recognition Agreement of the Authorized Economic Operator Programs of the Customs of Chile and the People's Republic of China.
The National Director of Customs, José Ignacio Palma, and the General Director of the Department of Business Management and Audit Control of the Customs Administration of China, Hu Dongsheng, signed this Friday morning the action plan through which technical negotiations between both institutions begin in order to analyze the compatibility of the Authorized Economic Operator Programs of both countries.
“We are taking a tremendously important step to deepen free trade worldwide and establish ourselves as a strategic commercial partner. The People's Republic of China is a tremendous economy, a world power, and our country is within the select group of the first Latin American countries to achieve this step with such a relevant actor. We are tremendously pleased and confident that we will reach the signing of a final document that will mean mutual recognition between the AEO programs of our Services.,” highlighted the National Director of Customs of Chile.
The initiative is aimed at the future signing of a Mutual Recognition Agreement, which will allow companies that have obtained AEO certification to operate in both countries under similar conditions and benefits.
About the OAS program
The OEA program is a tool developed within the framework of the international guidelines provided by the World Customs Organization (WCO). and which offers different operators in the supply chain the possibility of certifying that their processes are safe and that their controls and procedures are sufficient to guarantee compliance with customs regulations.
A company that achieves the OEA standard is able to deliver a more competitive service that brings benefits in terms of image, brand positioning or increased export volumes.
The technical negotiations for the possible signing of a Mutual Recognition Agreement between Chile and China will take place within the framework of an action plan that will be carried out in different stages agreed upon by both customs counterparts.
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