The ICC has developed a recommendation for mutual recognition in which it identifies the main characteristics of each MRA in order to develop commercial benefits: the private sector identifies mutual recognition as the main tangible measure of trade facilitation, as they hope and believe that mutual recognition avoids the cost of re-validation and inspection if two or more countries have agreed to recognize each other. The ultimate goal should be to develop a multilateral mutual recognition agreement (MRA) to avoid the creation of new barriers to trade. However, bilateral MRAs will remain a reality for some time. To maximize the benefits of such an MRA, the WCO has developed MRA guidelines to support the development and implementation of such an MRA program. Second, when a domestic importer-exporter declares its imported goods at customs, it is required to enter its AEO/AEO code from its counterpart from a country or region that has established mutual recognition with China in the “observation column” of the customs declaration form; Mutual recognition of the OAS relates to the mechanisms developed by customs administrations for the mutual recognition of AEO validations and authorizations, as well as the results of customs control and other mechanisms that may be necessary to eliminate or reduce redundant or redundant validation and authorisation efforts. To date, China has signed an OAS agreement on mutual recognition of the OAS with 36 countries/regions, including 28 EU member states, Singapore, Korea, Switzerland, New Zealand, Hong Kong, Australia, Israel and Japan. China is also actively engaged with the United States, Canada, Mexico, Brazil, Malaysia, Thailand, Russia and South Africa for mutual recognition of the EOA. Mutual recognition of the OAS not only provides companies with the comfort of customs clearance, but also the opportunity to conduct a comprehensive review of their current import and export activities, resolve potential problems and reduce customs risks in terms of customs compliance, clearance speed and commercial security. The concept of the OAS, one of the main mechanisms made available to Customs in the interest of lawful trade and supply chain security, has been strengthened and strengthened in the North and South American region through customs efforts. During the first phase of the development of the EOA programmes, countries in the region have made bilateral progress in mutual recognition of their certified operators and now face the challenge of aligning themselves with the new terms of negotiation of the ARM. First, an EOPA company exchanges its AEO code with its importers/exporters from countries/regions who have signed an EOA mutual recognition agreement with China; China also strives to use OAS mutual recognition to promote international supply chain interconnection and trade facilitation, and continues to support the development of foreign trade enterprises.
Therefore, companies should seize the opportunity of the OAS` mutual recognition to facilitate trade and completely improve their level of customs management in the current regulatory environment. In June 2018, the directors of thirteen customs administrations in the Belgian City of Brussels region signed a Memorandum of Understanding to formalize their willingness to be part of this project of mutual recognition of AEO programmes between the region`s practices.