Authorized Economic Operator (AEO) - Financial definition
Concise definition of the term Authorized Economic Operator
An Authorized Economic Operator (AEO) is a certified business that complies with international supply chain security standards, facilitating smoother customs procedures.
Comprehensive definition of the term Authorized Economic Operator
An Authorized Economic Operator (AEO) is part of a broader effort to enhance the security and efficiency of international trade. Certified by customs authorities, AEOs benefit from simplified customs processes, such as reduced inspections and faster clearance times. This program is particularly important in the context of global supply chains, where secure and efficient movement of goods is crucial.
AEOs are often linked to broader foreign reserves management strategies, as streamlined trade practices help stabilize and optimize the flow of goods, services, and capital across borders. Examples of AEO programs include the European Union's AEO program and the U.S. Customs-Trade Partnership Against Terrorism (C-TPAT).