If you are interested in the Autorised Economic Operator instrument and how AEO/TTP will be used in the context of new trusted trade lanes – like e.g. The new Silk route, then you should gonto Baku on 2-4 May for this conference.

The International Association of Authorized Economic Operators (AEO) Customs and Logistics together with the States Customs Committee of Azerbaijan organizes this event. I will be there – will you?

Link to agenda and registration

Link to The International Association of Authorized Economic Operators (AEO) Organization

Earlier this year Swedish Minister for Enterprise and Innovation Mikael Damberg held roundtable discussions focusing on innovation and cooperation for a sustainable future at the Royal Swedish Academy of Engineering Sciences. Among the participants were representatives of German and Swedish businesses, institutions and government agencies.

Mikael Damberg welcomes Federal Chancellor Angela Merkel on her arrival to Sweden. Maria Nilsson/Government Offices

Mr Damberg opened the talks by presenting the new agreement on an innovation partnership between Germany and Sweden. The innovation partnership focuses on innovation and cooperation within four themes: mobility, test beds, digitalisation of small and medium-sized enterprises, and eHealth.

“I am proud to be here today and to be able to launch the new innovation partnership between Germany and Sweden. This is a unique agreement on cooperation between our countries to promote innovative solutions for society, new export products and stronger competitiveness,” said Mrs. Merkel.

Source: www.government.se

With only a year plus transition left until the United Kingdom officially leaves the European Union, debate about the mechanics of cross-border trade between the UK and EU trade post-Brexit has given way to deep concerns about the fundamental lack of knowledge among UK traders and Customs personnel to properly and efficiently handle the complexities of the declaratory process itself.

The Institute for Government, a UK think tank, estimates that 180,000 British companies (many of whom are small and medium size enterprises) will have to file formal Customs declarations for the first time when the UK formally leaves the EU. The Institute further forecasts that the cost of filing such declarations could end up costing traders in the region of £4 billion a year.

For its part, Her Majesty’s Revenue and Customs (HMRC) concedes that it will need to recruit and train 3,000 to 5,000 additional officers to handle the increased workload in a post-Brexit environment.

Be that as it may, HMRC is a long way from its hiring goal – only 27 job openings were posted on the Government’s Civil Service Jobs website a year prior to exit.

Even if HMRC were able to hire an additional 3,000 officers, adequately training the new hires is not a given. Custom management, which demands a high degree of expertise in complex policies and procedures, typically takes years to acquire.

At this late stage, Britain appears to be hanging its hat on establishing a new customs arrangement with the EU bloc that would be “as frictionless as possible”. British Chancellor (finance minister) Philip Hammond said he would wait until “the very last moment” before releasing large amounts of money to fund contingency plans for a no-deal scenario.

For many traders, I imagine the very last moment occurred some time ago.

Source: Randy Rotchin 3CE