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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>New AEO Guidelines Boost Supply Chain Security with Stricter Requirements and Benefits for Stakeholders.</h1> The revised guidelines for the Authorized Economic Operator (AEO) program aim to enhance the security and efficiency of the international supply chain by setting stringent requirements for business partner security, procedural security, and automatic disqualification for non-compliance. The program now includes authorized couriers and custodians, and offers various benefits to different stakeholders such as importers, exporters, logistic service providers, custodians, terminal operators, customs house agents, and warehouse operators. These benefits include reduced bank guarantees, extended validity of licenses, faster customs clearance, and simplified procedures. The guidelines also outline the criteria for AEO status, application procedures, and conditions for maintaining, suspending, or revoking AEO status.
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