There will be a lot of words written in relation to Authorised Economic Operator (AEO) status, especially in light of impeding Brexit but is AEO status for the smaller exporter worth it? Does it matter if you can’t boast this acronym to your company name? The answer may be that without it, you could be missing out on benefits critical to the success of your business in Europe beyond Brexit.[Read more…]
It’s not mandatory and it has been around for some time, springing into life around 2011, and, whilst businesses in other EU countries have embraced Authorised Economic Operator (AEO) status, British businesses have been slower on the uptake. With Brexit looming ever closer, some are touting AEO as the must-have accreditation for any company doing business on the Continent (and beyond). Is it something your business should be considering?[Read more…]
There’s no getting away from the on-going saga that is Brexit. With votes of no confidence, talk of a general election and a second referendum, with only weeks to go to the March 2019 deadline, we are at an impasse.
For businesses across the UK, this is not the news they want to hear. As businesses scramble to Brexit-proof their businesses, they are also seeking clarification on what would happen in the event of a no deal.
If you import and/or export goods to Europe, you may be wondering if AEO status is the right certification to opt for. And it seems that the process called ‘Mutual Recognition’ is underpinning AEO as an important certification to have.[Read more…]
No business wants their goods stuck at UK or European ports and so the acquiring of AEO status could be beneficial. For the fashion industry, it could prove invaluable.
The Authorised Economic Operator (AEO) programme is an investment that many export and import businesses are choosing to make. Whilst it doesn’t smooth out the turmoil that is Brexit, it is a tool that some businesses may find useful after the end of March 2019 and if they trade across borders.
The fashion industry is big business and for any company that imports or exports garments, AEO status could prove valuable. As accolades go, this one has a particular message. It shows clients your business is efficient and compliant with custom controls and processes.[Read more…]
With AEO status, there should be benefits for a business. With the post-Brexit landscape still being uncertain for businesses across the UK, for those that move goods across EU borders, the future shape of trade is even more uncertain.
It comes as no surprise that in these turbulent times – add in possible security risks such as terrorist attacks as well as Brexit uncertainty for a fuller picture – that many traders are turning to AEO status as one tool for continuing secure post-border trade.
Record-keeping is a key feature in the AEO assessment process. You may think that your record-keeping is in pretty good shape now,but with AEO status demanding an even higher standard, what side benefits will you enjoy?[Read more…]
What can we expect in 2019 when it comes to challenges and opportunities regarding the supply chain? We take a look at seven predicted trends and impacts.[Read more…]