The United States and the United Kingdom have concluded an arrangement to formally recognize one another’s authorized economic operator programs. A very important development.
A new generation of AEO and Trusted Trader programmes with Mutual Recognition Arrangements (MRA) between countries is the future.
Authorized economic operator programs allow low-risk members of the trade community who meet internationally-recognized supply chain security standards to enjoy trade facilitation benefits. Under this arrangement, U.S. Customs and Border Protection will accept the validation of UK Authorised Economic Operators (AEO) and grant them approval status in the Customs Trade Partnership Against Terrorism (CTPAT). Her Majesty’s Revenue and Customs will likewise accept the validation of CTPAT members and grant them approval status as AEOs.
You can read the announcement here: U.S. and UK Conclude Arrangement to Strengthen End-to-End Supply Chain Security