China and Thailand Customs Sign AEO Mutual Recognition Action Plan

2022-04-10


On March 25,2022, the "Action Plan of the General Administration of Customs of the People's Republic of China and the Thai Customs Administration on the Mutual Recognition Arrangement of "Accredited Operators" was signed online. The first AEO Mutual Recognition Arrangement Action Plan signed by member countries' customs.


Thailand


Sun Yuning, deputy director of the General Administration of Customs of China, and Jizhana Xinushan, deputy director of the Thai Customs Department, signed on behalf of both parties. Sun Yuning said that the signing of the AEO Mutual Recognition Action Plan between the customs of China and Thailand is another pragmatic achievement of the customs cooperation between the two countries, marking the beginning of a new chapter in the AEO cooperation between the two sides.


AEO Mutual Recognition Action Plan


China and Thailand have a close economic and trade cooperation relationship for a long time. China has been Thailand's largest trading partner for many years, and Thailand's largest export market for agricultural products; Thailand is China's third largest trading partner among ASEAN countries. In 2021, the total bilateral trade volume between China and Thailand exceeded the US$100 billion mark for the first time, reaching US$131.18 billion, a year-on-year increase of 33%. During the same period, there were 83,000 Chinese enterprises engaged in bilateral trade between China and Thailand, of which there were more than 2,300 high-level certified Chinese enterprises engaged in import and export business with Thailand, with an import and export volume of about RMB 143 billion, accounting for about 100% of China’s import and export to Thailand. The total is nearly two percent.


According to the "Action Plan", China-Thailand Customs will speed up the negotiation on various issues of the AE0 mutual recognition arrangement, strive to realize China-Thailand AE0 mutual recognition as soon as possible, and effectively make the China-Thailand AEO mutual recognition cooperation a model of customs cooperation among RCEP member states.




Background introduction


Thailand


AEO is the abbreviation of Authorized Economic Operator, that is, "authenticated operator". It is advocated by the World Customs Organization. The customs will certify enterprises with high credit status, law-abiding and level, and provide preferential customs clearance facilities to certified enterprises. of a system.


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