A two day seminar on the program of Authorized Economic Operators in Batumi
The EU-Georgia Business Council organized a seminar on October 2-3, on the program of authorized economic operators and customs formalities in Batumi.
The seminar was held within the framework of the USAID Economic Governance Program grant “Strengthening the capacity of the National Trade Promotion Committee through raising awareness about the program of authorized economic operators and customs formalities”, with the support of the Revenue Service of the Ministry of Finance of Georgia.
Representatives of the Ministry of Finance of Georgia and the USAID Economic Management Program participated in the mentioned event, as well as exporters, importers, owners of customs warehouses and carriers were invited.
The Institute of Authorized Economic Operator was introduced by the Revenue Service of Georgia in accordance with the terms of the Association Agreement signed between the European Union and Georgia, which is based on the partnership between the Revenue Service and business.
The main benefits for the owner of the mentioned status are:
• Less frequent physical and documentary control
• The right to preferential use of customs services
• Preferential border crossing
And the indirect benefits are:
• Recognition as a reliable and safe partner
• Mutual recognition between countries
In addition, within the framework of the seminar, the business sector was provided with information about the reforms implemented by the Ministry of Finance and the main customs formalities of Georgia in order to promote international trade. Challenges of the business sector in terms of export-import were also discussed.