Program Status: | N/A | Program Title: | N/A |
Scope: | N/A | Types of Operator: | N/A |
AEO List Published? | No |
N/A |
No certification authority
Title: | Trusted Trader Program | Scope: | Import/export/ |
Types of Operator: | Importer and Exporter | Programme Status: | Operational Customs Compliance Programme |
o Greater predictability for customs regimes (valuation, classification, etc.) o Simplified procedure o Preferred treatment for TTP members o Unique benefits for low-risk traders o Enhance revenue performance o Cost reductions (no delays, inventory, capital, storage space) o Lowering the risk of penalties or sanctions o Reduction of opportunities for corruption o Increased Green lane treatment for TTP members o Faster processing during physical checks o Reduced customs intervention (inspection, documentary checks) o Enhanced competitiveness of the approved company. |
Source: World Customs Organization: Compendium of Authorized Economic Operator Programmmes 2018 edition.