AEO status was introduced by Council Regulation 648/2005 and implemented by Commission Regulation 1875/2006, which took legal effect on 1 January 2008.
Tracosa Aduanas received its accreditation from the Spanish accreditation authority, Agencia Tributaria which entitles the company to benefits under customs simplifications.
Marco Garcia Serrano, Tracosa Aduanas managing director, spoke about the accreditation: 'We are naturally very proud top be AEO accreditated.
'The AEO scheme is one of a series of measures being co-ordinated by the World Customs Organisation as part of a multi-layered approach to facilitating trade whilst making supply chains more secure and controlled. In adopting the AEO regime, the EU is aligning with similar measures introduced by other countries, including the USA and Japan. The scheme provides legitimate businesses with a quality mark, which will demonstrate that their internal controls, staff training and procedures are effective and compliant.'
Tracosa Aduanas will see tangible benefits of AEO accreditation including fewer physical and documentary examinations of cargo, priority use of non-intrusive inspection techniques when examination is required, priority processing by Customs whenever security is heightened and 'Preferred Trader' eligibility.
'AEO accreditation confers significant procedural benefits and enables us potentially to gain a commercial advantage over our competition. The accreditation shows our resolve to remain at the forefront of efforts to make the entire supply chain safe and secure,' adds Garcia Serrano.
