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ASEAN Countries Sign Arrangement to Enhance Trade within Region

Economics editor Wahyu Dwi Anggoro
29/09/2023 19:15 WIB
All 10 Customs Administrations of ASEAN Member States (AMS) have signed the Mutual Recognition Arrangement (MRA).
ASEAN Countries Sign Arrangement to Enhance Trade within Region. (Foto: MNC Media)
ASEAN Countries Sign Arrangement to Enhance Trade within Region. (Foto: MNC Media)

 Upon finalising their domestic administrative procedures, six ASEAN Member States, namely Brunei Darussalam, Indonesia, Malaysia, the Philippines, Thailand, and Singapore will start a six-month pilot implementation of the AAMRA by the end of 2023, with the aim of full implementation by the third quarter of 2024. 

The remaining four AMS are expected to commence during the second pilot implementation in 2024.  

AAMRA provides assurance that the certification standards that the AMS customs administrations apply within their respective AEO programmes are compatible and in accordance with the principles and standards of the World Customs Organisation (WCO) SAFE Framework of Standards to Secure and Facilitate Global Trade (SAFE Framework). 

Certified AMS AEOs will enjoy faster cargo clearance and priority treatment for cargo inspection for their goods traded within ASEAN. These benefits are expected to increase savings arising from improved predictability of cargo movement. (WHY)

Halaman : 1 2 Lihat Semua
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