Thursday, 20 September 2018 | 11:43
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APM Terminals India Pvt. Ltd. receives Authorized Economic Operator certification -the internationally recognized securi

Wednesday, 20 June 2018 | 12:00

Instituted by the World Customs Organization, the Authorized Economic Operator certification, AEO, is a program that aims at preventing unlawful trade across borders andfacilitating legitimate tradedesignates. By getting the AEO certification, APM Terminals India Pvt. Ltd. is acknowledged as a ‘secure’ and ‘reliable’ trade partner in the global supply chain and will enable delivery of higher efficiencies and speedexport-import services.

“We are proud to have received this certification. It is a validation of our long-standing values and commitment towards safety and security. In addition, this internationally recognized security standard enables APM Terminals India Pvt. Ltd. to provide a distinct competitive edge to our clients by offering world-class facilities, ease of doing business and efficient service deliveries,” explains Ajit Venkatraman,Managing Director, APM Terminals Inland Services, South Asia.

Previously applicable to exporters/ importers alone, the certification has recently been introduced as a single tier certification for economic operators like Logistics Providers, Custodians or Terminal Operators, Customs Brokers and Warehouse Operators. Some of the key benefits APM Terminals India Pvt. Ltd.´ customers stand to gain from thisAEO (AEO-LO Logistics Operator Tier 3) certification include highest level of facilitation, lower rate of physical inspections of imported/exported goods, faster release of shipments, preferential treatment by Customs Authorities, and deferred payment of duties.
Source: APM Terminals Inland Services, South Asia

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