Monday, October 28, 2019

SAFE Framework: Developing standards, guidelines to International Trade

The SAFE Framework aims to establish international standards for supply chain security and facilitation at a global level. It strengthens Customs/Business co-operation with AEOs-MRA and other Government agencies involved in international trade and security such as through Single Window. It promotes the seamless movement of goods through secure international trade supply chains.

The main focus of Customs-Business Partnership is the creation of an international system for identifying private businesses that offer a high degree of security guarantees in respect of their role in the supply chain. In exchange, These business partners receive tangible benefits in the form of expedited processing, enhanced reputation for the organization, increased business opportunities, and other measures. WCO’s SAFE Framework sets forth the criteria by which businesses in the supply chain can obtain authorized status as a security partner. The cornerstone of successful Customs-to-Business Partnerships relies on several critical factors, accompanied by a mutual respect for each other’s roles and responsibilities in regards of Partnership, Security, Authorization, Technology, Communication and Facilitation.

Customs-Business Partnership programmes with trade allow Customs to achieve more with less effort and aim at ensuring sustainable and long-term compliance through incentives, such as reduced levels of control, simplified procedures, periodic reporting, deferred payment, and reputational benefits, as well as facilitation benefits across borders through MRAs.

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