Dubai Customs organized the inaugural Authorised Economic Operator (AEO) Connect 2024 forum to foster collaboration between customs and the business sector. The event aimed to enhance the AEO programme, which connects UAE companies to global markets, offering benefits like simplified customs procedures and priority processing.
Eman Badr Al-Suwaidy, Director of the Customs Valuation Department, emphasized the programme's role in supporting sustainable foreign trade growth. The AEO programme currently includes 130 members in the UAE, with plans for expansion. Achievements include launching a regional AEO programme for GCC countries and signing mutual recognition agreements with major trade partners like Korea, China, India, and Indonesia.
The forum featured a keynote from Maersk, discussing the AEO 2.0 programme's impact on global trade and supply chain resilience. Discussions on AEO 3.0 highlighted digital innovation and data's role in improving efficiency and security. New features like fast-track trade lanes and smart borders were introduced.
A panel with representatives from General Motors, Dow Chemical, Huawei, Maersk, and Dubai Customs discussed the programme's future and its impact on global trade.
Dubai Customs is a government department in Dubai, United Arab Emirates, responsible for managing the flow of goods into and out of the country. They ensure that all imports and exports comply with local laws and regulations.
AEO Connect 2024 is a forum organized to discuss and improve the Authorised Economic Operator (AEO) programme. It aims to connect businesses in the UAE with global markets and enhance trade efficiency.
The Authorised Economic Operator (AEO) programme is a certification given to companies that meet certain security and compliance standards. It helps these companies by making customs processes easier and faster, which is important for international trade.
Eman Badr Al-Suwaidy is a person who spoke at the AEO Connect 2024 forum. She talked about how the AEO programme helps in growing trade sustainably, meaning it supports long-term economic growth without harming the environment.
AEO 3.0 refers to the next version or update of the Authorised Economic Operator programme. It includes new digital innovations, which means using technology to make the programme even more efficient and effective.
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