How Mutual Recognition Agreements Augment AEO Certification

Description

In today’s interconnected trade landscape, compliance, security, and speed are crucial. India’s AEO programme, under the Customs Act, 1962, facilitates trade, but its full strategic value emerges through Mutual Recognition Agreements (MRAs). Based on the WCO SAFE Framework, MRAs enable mutual acceptance of AEO programs across borders, fostering secure, seamless trade. This article explores MRAs from an Indian perspective, focusing on their benefits and legal implications under CBIC guidelines and international trade law.