Dubai – Dubai Customs held a meeting with the Dubai Municipality Food Safety Department to discuss the benefits available to member companies under the Authorized Economic Operator (AEO) program. The meeting aims to enhance food security by facilitating the movement of food trade to meet local market needs.
“Dubai Customs is taking all possible procedures that would facilitate business and trade to achieve Dubai’s vision of reaching two trillion dirhams in the value of Dubai’s trade in the coming years; said Eman Badr Al-Suwaidy, Director of the Customs Valuation Department. The AEO meetings are there to give incentives to companies enrolled in the program, which will help strengthen the national economy and facilitate trade. The program helps members access more markets, especially markets that have signed Mutual Recognition Agreements (MRAs).
The Authorized Economic Operator (AEO) is a voluntary federal compliance and security program based on the World Customs Organization (WCO) SAFE framework.
It identifies traders as reliable and secure, separating their flow of goods from non-AEO traders and providing them with exclusive benefits to facilitate their imports and exports.
There are 107 member companies in the program in the UAE.