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Mutual Recognition Agreement Wco

Mutual recognition of the OAS relates to the mechanisms developed by customs administrations for the mutual recognition of AEO validations and authorizations, as well as the results of customs control and other mechanisms that may be necessary to eliminate or reduce redundant or redundant validation and authorisation efforts. Purpose: to help leaders plan and implement such agreements or agreements. In this context, on 24 November 2014, Thai Customs signed an action plan with their Korean counterpart as an initiative to develop cooperation within the framework of the AEO Mutual Recognition Programme. This led to the agreement on mutual recognition. The AEO-MRA signing ceremony between the Thai Customs Administration and the South Korean Customs Office took place on 27 December 2016 at the Thai Customs Administration, during which Mr. Kulit Sombatsiri, Director General of Thai Customs, and Mr. Hong-uk Chun, Commissioner of Customs, signed the Mutual Recognition Agreement. The ultimate goal should be to develop a multilateral mutual recognition agreement (MRA) to avoid the creation of new barriers to trade. However, bilateral MRAs will remain a reality for some time. To maximize the benefits of such an MRA, the WCO has developed MRA guidelines to support the development and implementation of such an MRA program.

The private sector makes mutual recognition the first tangible measure of trade facilitation, as they hope and believe that mutual recognition will avoid the costs of re-validation and inspection if two or more countries have agreed to recognize each other. The ICC has developed a recommendation on mutual recognition in which it lists the main characteristics of each MRA in order to develop commercial benefits: Summary: The guidelines provide progressive guidance for the preparation and conclusion of such a mutual recognition agreement, including the explanation of the difference between an agreement and an agreement. The MRA is expected to make a significant contribution to facilitating Thailand`s merchandise exports to Korea and vice versa. When an AEOS holder applys for Regulated Agent (AR) or Known Sender (KC) status, the corresponding security requirements are deemed to be met as long as the criteria for issuing AEO status are identical or equivalent to those for RA or KC status. The same principle applies to the opposite. In the case of an account sender (CA), AEOS holders are not required to sign the „account sender” commitment and are recognized as AC by the regulated agent, provided that all other requirements under EU aviation safety legislation are met. ICC Mutual Regognition Mutual Recognition Agreements As an initiative under the Comprehensive Strategic Partnership, a pact signed in 2015 by Singapore and Australia to deepen existing areas of cooperation and stimulate new areas to promote closer customs cooperation and improve bilateral trade relations.

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