Chinese Customs and Philippine Customs Sign AEO Mutual Recognition Arrangement

On January 4, Yu Jianhua, director of the General Administration of Customs of China, and Ruiz, director of the Philippine Customs Bureau, signed the "Arrangement on the Mutual Recognition of "Authorized Operators" between the General Administration of Customs of the People's Republic of China and the Bureau of Customs of the Republic of the Philippines." China Customs Became the first AEO mutual recognition partner of Philippine Customs. The export goods of AEO enterprises in China and the Philippines will enjoy 4 convenient measures, such as lower cargo inspection rate, priority inspection, designated customs liaison service, and priority customs clearance after international trade is interrupted and resumed. The customs clearance time of goods is expected to be significantly shortened. Insurance and logistics costs will also be reduced accordingly.