The China-Mongolia mutual recognition arrangement for Authorized Economic Operator (AEO) officially comes into effect today.
Reporters learned from Hohhot Customs that on June 1st, the China-Mongolia Customs AEO Mutual Recognition Arrangement was officially implemented. AEO stands for "Authorized Economic Operator" and is advocated by the World Customs Organization. It certifies enterprises with high credit status, legal compliance, and high standards through customs. It is an international trade rule that provides preferential customs clearance for certified enterprises.
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