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of <h1>Decentralized AEO Application Process Announced to Boost Trade Facilitation; Key Changes to Circular No. 33/2016-Customs.</h1> The circular announces the decentralization of processing Authorized Economic Operator (AEO) applications to enhance trade facilitation and ease of doing business. Modifications to Circular No. 33/2016-Customs include provisions for AEO-certified exporters to apply for advance authorization based on self-declaration, direct submission of applications to jurisdictional Custom Chief Commissioners, and the appointment of a Client Relationship Manager for AEO entities. It also outlines solvency requirements for applicants and the validity period of AEO certificates. The changes aim to streamline the AEO program and improve accessibility for stakeholders.
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