Friday, August 22, 2008

Customs Clearance to be Simplified in Japan

(CIFFA eBulletin – ITJ)

The Japanese ministry of Finance is currently holding discussions with the USA and the European Union. The talks aim to simplify customs clearance procedures for all participants that have been granted the internationally valid status of authorized economic operator (AEO).

Japan hopes to come to an agreement with the USA and EU by March next year. Such a pact could accelerate European exporters’ traffic with Japan by a day.