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of <h1>Foreign Trade Policy Update: New Benefits and Decentralized Processing for AEO-Certified Entities under Circular No. 33/2016.</h1> The circular announces amendments to the Authorized Economic Operator (AEO) Programme, initially outlined in Circular No. 33/2016. Following a mid-term review of the Foreign Trade Policy, additional benefits have been introduced for AEO-certified entities. Application processing has been decentralized to enhance trade facilitation. Key changes include new provisions for Advance Authorization applications, updated application procedures, and solvency requirements for applicants. The validity of AEO certificates is specified, and a Client Relationship Manager is designated for AEO entities. Importers are encouraged to apply for AEO certification to benefit from the scheme. The circular serves as a directive for customs officers and staff.
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