Dubai Customs has launched the Authorised Economic Operator, AEO, which contributes drastically to the establishing of strategic partnerships that ensure better security and facilitation of global supply chains via Mutual Recognition Agreements as per the World Customs Organisation SAFE Framework of Standards to Secure and Facilitate Global Trade, the SAFE Framework.
The move is in line with Dubai Customs’ vision to be "The leading customs administration in the world supporting legitimate trade".
On this regard, Sultan Ahmed bin Sulayem, Chairman of DP World and Chairman of Ports, Customs and Free Zone Corporation, commented, "We are adopting continuous development as a core methodology in utilising the best strategies and practices in advancing our services. We proceed from the vision of and directives of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, in developing services that bring happiness to people."
He added, "The Authorised Economic Operator will grant us a bundle benefits, including a higher predictability of the global supply chain, which aids in better planning and management of the chain logistics. It will also reduce physical and documentary controls, ultimately leading to the simplification of procedures and smooth trading."
Ahmed Mahboob Musabih, Dubai Customs Director stated, "The AEO programme shall accommodate all parties concerned with the global supply chain such of ports, airports and customs clearance agencies as well as local companies working in the field of international trade, providing them with more facilitated customs procedures and the added value of a more secure supply chain."
Ahmed Mahboob also reaffirmed that the AEO programme will provide added value to the superior customs services and facilitations already being delivered in the preparation of Expo 2020 Dubai.
He also added, "The implementation of this programme will increase mutual recognition, build trust and scale ties with customs administrations and authorities in the region and the world, which is to be achieved via the Mutual Recognition Agreements, as well as increasing voluntary compliance in global trade."