AEO Profile
| Program Status: | Operational AEO Programme | Program Title: | Secure Trade Partnership (STP) |
| Scope: | Import/Export | Types of Operator: | Singapore’s STP is open to all entities within the supply chain. This includes importers, exporters, manufacturers, warehouses, customs brokers, freight forwarders and carriers. |
| AEO List Published? | No |
AEO Benefits
| o Cargo less likely to be inspected; o STP – Serves as “Quality Mark”, Enhanced branding (recognised as a low-risk company); o Reduced inspection or expedited clearance if the certified status be also recognised by overseas countries; o Automatic recognition as a known consignor (KC) under the Regulated Cargo Agent Regime (RCAR); o Designated account managers; o Trade Facilitation benefits under TradeFIRST bands; o Companies who wish to enhance their capabilities in supply chain security may get funding or assistance through training assistance schemes and development programmes offered by other government agencies. |
Mutual Recognition Agreements:
| Canada, China, Hong Kong, Japan, South Korea, United States |
Certifying Authorities:
No certification authority
Source: World Customs Organization: Compendium of Authorized Economic Operator Programmmes 2018 edition.