News
The Mutual Recognition Arrangement (MRA) on Authorized Economic Operator (AEO) between Taiwan and Japan was signed at the 43rd Taiwan-Japan Economic and Trade Conference held in Taipei on November 30, 2018. Through the arrangement, the Customs administrations of Taiwan and Japan are able to mutually recognize each other's AEO programs. Exporters awarded AEO status from Taiwan and Japan can both enjoy facilitated Customs clearances at borders.
Taiwan Customs Administration indicated that the inking of this arrangement marked a significant milestone for Customs cooperation between both countries. In view of the fact that Japan is the 3rd largest trading partner of Taiwan and the trade volume between Taiwan and Japan in 2017 amounted to $62.7 billion, the MRA will bring substantial economic benefits to both sides. It is expected that, through working closely in a consistent manner, the two Customs administrations will further strengthen their cooperation on trade facilitation and supply chain security issues.
