Ukraine Takes Step Toward Creating AEO Program
The Ukrainian parliament recently gave preliminary approval to a draft law creating an authorized economic operator (AEO) trusted trader program, according to an alert from the law firm CMS. If approved, AEO status will give Ukrainian companies a simplified customs…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
declaration procedure, a shortened form of import declaration, priority for customs procedures and permission to use a special traffic lane for truck border crossings, the alert said. To qualify, the company must be a registered resident entity in Ukraine, have no criminal records related to commercial activity (including company officials), have not committed repetitive or systematic violations of customs rules, and be financially solvent. A second and final vote in parliament is required before the bill is passed, CMS said.