This programme has been introduced to assist and secure the international supply chain, while facilitating the movement of legitimate trade.
Australian Trusted Trader accreditation is free and available to all Australian businesses that are active in the international trade supply chain, and meet or exceed the following required standards:
An Australian Business Number (ABN)Two years history of participation in international trade activitiesThe ability to demonstrate they are financially solvent.A dedicated Account ManagerPriority trade servicesDifferentiated and prioritised examinations Mutual recognition arrangements
The benefits to Trusted Traders include:
Mr Trent Joseph, Managing Director of Customs Clearance World said, “ We fully support The Department of Immigration and Border Control’s introduction of the new ‘Australian Trusted Trader.’ The intent of this is to assist and secure the international supply chain, while facilitating the movement of legitimate trade. We can see the significant benefit of this and are seeking accreditation in the Authorised Economic Operator programme.”
The ‘Mutual Recognition Arrangements’ available to those accredited with ‘Australian Trusted Trader’ status are being established between the Australian Government and their key trading partners. The arrangements will enable Trusted Traders to access trade facilitation benefits of the reciprocal trading partner—reducing the customs regulatory burden for Australian exporters entering foreign markets. This means that mutual recognition greatly contributes to the facilitation and control of goods moving in the international supply chain.
From financial year 2017-18, Trusted Traders will receive deferral of duty payments on imported goods for a set period and streamlined reporting arrangements to reduce the administrative burden involved in importing and exporting goods.
About Customs Clearance World
Customs Clearance World are Australian Customs Brokers and Freight Forwarders with over 15 years experience in the industry. As a certified Customs clearance agent they are licensed to operate so that they can act on behalf and represent clients, using documentation software to facilitate whole practices.
Customs Clearance World takes the hassle out of organising the customs clearance of imported goods. The company complies with all the necessary regulations and government requirements to ensure goods are delivered without delay.
Release ID: 124688