Go TO Content

The Mutual Recognition Arrangement (MRA) on AEO between Taiwan and Israel has been in operation

According to Customs Administration of Ministry of Finance, the Mutual Recognition Arrangement on Authorized Economic Operators (AEO) between Taiwan and Israel has been put into operation since December 4, 2014, the commence date from which traders are eligible to enjoy benefits provided by Taiwan Customs and Israel Customs under this MRA. The implementation of this MRA will effectively enhance trade security and facilitation for both sides, and thus promote bilateral trade.

Customs Administration further pointed out that the said MRA was signed in December 2013. After completing a successful three month Pilot test from July to October this year, both Customs administrations decided to formally implement this MRA.

Customs Administration explained that, to receive MRA benefits from Israel Customs, Taiwan Security and Safety AEO importers/exporters need to log in the “Taiwan AEO Certification and Management System” and confirm their intention to participate in this MRA.

Taiwan Customs has implemented its AEO program since the end of 2009, and there have been 300 Security and Safety AEOs. In view of the fact that the trade volume between Taiwan and Israel in 2013 amounted to NT$42.5 billion, the operation of this MRA will substantially promote both countries’ economic and trade development, added by Customs Administration.

Currently, Taiwan has signed MRAs on AEO with the United States, Singapore, and Israel. It is expected that more AEO MRAs will be signed between Taiwan and other countries in the near future, which can effectively bolster Taiwan’s competitive edge in the international economic and trade community.

News Contact: Mr. Tang
Tel: 02-25505500#2538

  • Publish Date:2014-12-04
Go TO Content