Source: Xinhuanet
BEIJING, April 25 (Xinhua) -- The China-Japan agreement on mutual Authorized Economic Operator (AEO) status will go into effect on June 1 to provide easier customs clearance for exporters, according to the General Administration of Customs (GAC).
Under the agreement, companies that obtain the AEO status in the two countries will enjoy simplified customs procedures, such as reduced examination and prioritized clearance, when they export products to the other country.
China and Japan signed the AEO agreement in October last year, said the GAC.
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