US, Mexico Aim for Mutual Recognition of Trusted Traders

The following is from the 22 January 2013 edition of Journal of Commerce.

U.S. Customs and Border Protection and Mexico’s Tax Administration Service have signed a joint work plan that lays out a plan for the mutual recognition of their authorized economic operator programs, the United States’ Customs-Trade Partnership Against Terrorism and Mexico’s New Certified Companies Scheme.

The plan is expected to be implemented in two years. It was signed by David V. Aguilar, Customs’ deputy commissioner, and Aristoteles Nunez Sanchez, SAT’s director.

Mutual recognition would allow companies enrolled in one program to receive reciprocal benefits from the other.