Skip to main content

UWT awarded AEO status

Published by , Assistant Editor
World Cement,


In December UWT was awarded the AEO C ‘customs simplifications’ certificate, and is thus deemed to be an authorized economic operator with respect to the tariff.

The introduction of so-called authorized economic operator’s (AEOs) is a provision of customs law that aims to identify potential risks within a supply chain, thereby achieving a more efficient monitoring of the global movement of goods. A company with AEO status is considered particularly reliable and trustworthy and is permitted certain discounts.

The goal is securing a continuous international supply chain from the manufacturer of goods to the consumer.

The following licensing requirements was and still is doing for UWT as Authorized Economic Operator (AEO C) met:

  • Compliance with customs requirements. 
  • Satisfactory accounting system.
  • Proven financial solvency.

The certification as AEO has many advantages in customs clearance through reductions in safety-related customs controls and general simplifications under the customs rules provide.

In addition, it can by optimising processes and internal control mechanisms also lead to indirect benefits such as:

  • Fewer thefts. 
  • Less unexplained losses of goods. 
  • Fewer delayed shipments. 
  • Fewer security incidents. 
  • Better cooperation with business partners.

This certification is an indicator of the high reliability of UWT as an international trading partners with a secure payment ability which complies with all relevant legislation.


Adapted from press release by

Read the article online at: https://www.worldcement.com/europe-cis/28012016/uwt-awarded-aeo-status-403/

You might also like

 EnviroTech

Ready to revolutionise the cement industry?

Join World Cement in Lisbon, 10 – 13 March 2024, for our first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Get your early bird tickets NOW »

 

Meeting The Needs Of The World

TÜRKÇIMENTO (the Turkish cement manufacturers’ association) provides an update on the state of the Turkish cement sector.

 
 

Embed article link: (copy the HTML code below):