The Qidong Commerce Bureau and Qidong Customs gave a presentation on Aug 8 on how local foreign trade companies can obtain an Authorized Economic Operator (AEO) qualification.

According to the World Customs Organization (WCO), an authorized economic operator is a party involved in any capacity in the international movement of goods that has been approved by or on behalf of a national customs administration as complying with the WCO or equivalent supply chain security standards.

At the event, more than 40 businesspeople from over 20 local enterprises were briefed on the benefits of an AEO qualification by Qidong Customs officials and were encouraged to apply for the qualification, which is expected to improve their management skills and business structure.

Experts were also invited to talk about the AEO application process in detail.