What is Trusted Trader?
Trusted Trader A status granted to importers or exporters who demonstrate consistently high levels of customs compliance and risk management, qualifying them for simplified or expedited customs procedures as officially recognized in national and WCO programs.
Source: Incoterms 2020 (ICC), FIATA, IATA DGR, WCO
How is “Trusted Trader” Used in Practice?
By achieving trusted trader status, the exporter benefited from reduced customs inspections and priority clearance under the national Authorized Economic Operator scheme.
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Who Needs to Know This Term?
- Freight Forwarders
- Supply Chain Managers
- Customs Brokers
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What is Trusted Trader?
A status granted to importers or exporters who demonstrate consistently high levels of customs compliance and risk management, qualifying them for simplified or expedited customs procedures as officially recognized in national and WCO programs.
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