The State Customs Service of Ukraine (SCC) has granted authorized economic operator (AEO) status with the right to apply simplifications to 100 companies, according to a press release from the SCC.
“This milestone symbolizes not only a quantitative achievement, but also qualitative progress in the development of transparent and effective cooperation between customs and business, which is an important step towards Ukraine’s integration into the European economic space,” the agency explained on its Telegram channel on Monday.
It is noted that among the Ukrainian companies that have received AEO status are manufacturers, exporters, importers, freight forwarders, and other participants in foreign economic activity (FEA).
It is noted that five companies already have both types of authorizations: “granting the right to apply simplifications” (AEO-C) and “confirming security and reliability” (AEO-B).
The GTS reminded that AEO status is a recognized mark of trust that confirms the reliability, security, and high standards of companies in the international supply chain. It gives enterprises the right to simplified customs procedures, saves time and reduces logistics costs, and, consequently, increases the competitiveness of Ukrainian businesses in the global market. For Ukraine, this means strengthening its economic potential, increasing exports, and attracting new trading partners.
For more information on AEO status and authorization to apply for simplifications, please visit https://customs.gov.ua/deiaki-pitannia-funktsionuvannia-avtorizovanikh-ekonomichnikh-operatoriv
Previously, round tables were dedicated to customs reform, where event organizer and moderator Maksim Urakin stated that the State Customs Service provides up to 40% of Ukraine’s state budget revenues, with these figures remaining stable over the past few years. That is why customs reforms are so important for the country.
