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His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, has officially launched the Authorized Economic Operator (AEO) program during day one of Gitex Technology Week 2016. The AEO program is a federal program that connects the UAE with the rest of the world in terms of trade and customs recognizes traders as trusted operators and provides them with exclusive benefits.
Designed under the supervision of the Federal Customs Authority, the AEO program delivers a comprehensive set of benefits to certified partners, including faster clearance, preferential customs treatment and a dedicated Key Account Manager. It is set to establish strategic partnerships with other AEO programs around the world through Mutual Recognition Agreements (MRA) offering high levels of compliance and safer business environment through effective risk management. Operators could include manufacturers, importers, exporters, brokers, carriers, consolidators, intermediaries, ports, airports terminal operators, integrated operators, warehouses and distributors.