KUALA LUMPUR: The Malaysian International Chamber of Commerce and Industry (MICCI) is collaborating with the Royal Malaysian Customs Department (RMCD) to promote the Authorised Economic Operator (AEO) programme in Malaysia.
In a statement, ,the MICCI said the initiative aims to promote security, efficiency, and compliance within the supply chain, benefiting the broader business community, particularly SMEs and companies involved in export and import activities.
The AEO is a concept introduced by the World Customs Organisation (WCO) as part of the WCO SAFE Framework of Standards (SAFE FoS) to Secure and Facilitate Global Trade.
AEO certification is granted to parties involved in international trade that meet the stringent security and compliance requirements set by global customs administrations under the SAFE FoS and related international standards.
“The AEO program not only supports our Malaysian businesses in becoming more competitive on a global scale but also reinforces the importance of security and compliance in international trade.
“By encouraging more SMEs to attain AEO status, we can significantly enhance Malaysia’s standing in the global market, enable SMEs to expand their businesses beyond Malaysian borders, and drive the growth of our export and import sectors,” said MICCI president Christina Tee.