Schmalz Receives AEO C Status

06.02.2012

Schmalz receives status of "Authorised Economic Operator AEO" and thus can benefit from special discounts as part of customs clearance.

After the terrorist attacks and against the background of increasing globalization, the World Customs Organization (WCO) has created a global basis for modern, effective risk management in customs management. As part of this security initiative, Schmalz applied for and received the status “Authorized Economic Operator AEO” from the responsible main customs office in Karlsruhe.

The goal of the security initiative is to secure international integrated supply chains, from the manufacturer of goods to the end consumer. An Authorized Economic Operator has a special status: it is considered especially reliable and trustworthy, and can therefore take advantage of special priveleges in the area of customs processing. On Jan. 31, 2012, Schmalz received the status of AEO C (C = customs) for easing customs restrictions. Schmalz was also listed as having the certification in a European database where interested parties can determine whether or not a business partner has this status. This is the first step in obtaining the AEO F status (F = full), which includes the areas of customs and security. To obtain this status in the area of security, Schmalz plans to implement the requirements from the German Federal Aviation Office for a “known consignor” in addition to the requirements for the AEO F status.

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