Authorized Economic Operator
By Edy Guadalupe Portal, Portal & Asociados

The World Customs Organisation (WCO) Framework of Standards to Secure and Facilitate Trade (SAFE) defines an AEO as a party involved in international movement of goods that has been approved by a national Customs administration complying with WCO standards.
After an auditing process, economic operators receive a certification to obtain different kind of benefits in their international trade operations. AEO programs include manufacturers, importers, exporters, brokers, carriers, consolidators, intermediaries, ports, airports, terminal operators, integrated operators, warehouses and distributors.
Argentina, Colombia, Mexico and Peru are some of the current Latin American countries with AEO programs in operation. A total of 52 countries enforce it worldwide.