Air, Business, Freight News, Logistics, Sea

Trusted Trader scheme inked

[ December 2, 2011   //   Chris ]

EU and US leaders, meeting in Washington DC on 28 November, finalised the ‘Trusted Trader’ agreement to simplify and speed up customs procedures for transatlantic freight shipments. Both sides will mutually recognise each other’s ‘trusted trader’ programmes that cover 4,600 EU businesses and 10,000 US firms and the deal will become operational once IT systems are in place and will be no later than June 2012.