News / EU's new Union Customs Code is "designed" to force all forwarders to become AEOs

© Khunaspix Dreamstime.

UK freight forwarders were warned yesterday that they ought to consider acquiring Authorised Economic Operator (AEO) status if they are to see the benefits of Europe’s forthcoming Union Customs Code (UCC).

The UCC is set to begin replacing current customs regimes on 1 May 2016, and although not mandatory for forwarders, those without accreditation could lose out on guarantee remissions.

HMRC lead liaison officer for International Trade Tim Cornell told an audience of freight forwarders at a British International Freight Association (BIFA) ...