Stowmarket firm bids to beat ‘hard Brexit’ port delays by securing ‘trusted trader’ status
- Credit: Archant
A Suffolk manufacturer has secured a special status with customs in a bid to ward off issues at channel ports in the event of a hard Brexit.
Stowmarket-based malt firm Muntons said its new Authorised Economic Operator (AEO) status through HM Revenue and Customs was "an important achievement" as uncertainty continues over Brexit.
The standard, which comes into force on July 1, 2019, is recognised across the UK and Europe, and is designed to introduce security measures to safeguard goods passing through the international supply chain.
The aim is to prevent smuggling, tampering with goods, false documentation, identity fraud and theft;
Service manager Corinne Robinson said the AEO accreditation would give the firm ready access to any simplifications HMRC may introduce to prevent delays at Channel ports in the event of a 'no deal'.
You may also want to watch:
"It is very likely that such facilitations will only be granted to 'trusted traders' so, gaining AEO is an important achievement for us," she said.
Other benefits include simplified customs procedures and the possibility to fast track shipments, providing reassurance to the malt firm's customers.
- 1 Police confirm body found in River Orwell was of a 17-year-old boy
- 2 Body found in the River Orwell
- 3 Could any released Bristol City players reunite with Ashton at Ipswich?
- 4 Ipswich Town transfer rumour: Blues 'eye' Sheffield Wednesday midfielder
- 5 Exit Interview: Nydam showed 'heart, desire and hunger' but was never able to take the next step
- 6 Town looking into Portman Road safe standing area ahead of new season
- 7 Wrong way A12 driver flees scene after causing crash
- 8 Man in 30s airlifted to hospital following serious fall
- 9 Reduce your dementia risk with 7 lifestyle changes
- 10 Woman who posed as food bank staff steals Easter eggs from Morrisons