EU Announces Italian Company Becomes 10,000th AEO

The European Commission has announced that Neri Spa of Livorno, Italy has become the 10,000th Authorized Economic Operator (AEO) at the European Union-level. AEO status at the EU level identifies safe and reliable businesses that are engaged in international trade. As a result, Neri Spa will become a highly trusted partner at customs checks and fewer inspections of goods will be necessary and formal customs procedures will be quicker to fill. The EU has stated that it wants its major trade partners across the globe to recognize the AEO status to facilitate and protect international trade. Switzerland, Norway, and Japan mutually recognize the EU's AEO label. The EU expects mutual recognition with the U.S. soon. A similar agreement is also being negotiated with China.