CBP Lists New CTPAT Benefits Being Considered
CBP released a list of eight Customs-Trade Partnership Against Terrorism (CTPAT) benefits being considered as part of the Trusted Trader pilot that combines trade compliance with security standards ahead of the Oct. 3 Commercial Customs Operations Advisory Committee (COAC) meeting. The list includes eight program benefits that were "prioritized based on their feasibility of implementation and impact to industry" and were part of a document from CBP on the COAC Trusted Trader Subcommittee. CBP has previously discussed some benefits being considered, including expedited rulings and an identify theft program (see 1808170003). Other possible benefits include "penalty mitigation/offset," "reconciliation" and "exemption from random" nonintrusive inspections.
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The subcommittee also "proposed the establishment of the Trade Compliance Working Group to achieve greater visibility and to socialize upcoming changes due to the implementation of Trade Compliance," CBP said. Other documents released include the executive summary from the global supply chain subcommittee and updates from the in-bond working group, the pipeline working group and the foreign trade zone regulatory reform working group.