South Africa deepens global trade ties through landmark AEO agreements with the USA, India and UK
This past week, the South African Revenue Service (SARS) marked a historic milestone in Brussels with the signing of three Mutual Recognition Arrangements (MRAs) for its Authorised Economic Operator (AEO) Programme. SARS is partnering with the United States Customs and Border Protection (CBP), the United Kingdom’s His Majesty’s Revenue & Customs (HMRC), and India’s Central Board of Indirect Taxes and Customs (CBIC). In addition, SARS undertook a Memorandum of Understanding with the Customs & Excise department of Hong Kong, China, regarding cooperation and mutual administrative assistance in Customs matters.