Glossary of terms
Abandoned goods: Goods that are not collected by their
owner within the period prescribed by law completing customs
procedures.
Ad-valorem duties and taxes: Duties and taxes which are calculated
on the basis of value.
Authorized Economic Operator: an operator involved in
international trade that has been pre-approved by a national
customs administration as complying with supply chain security
standards and customs requirements. A model program that many
customs administrations are pursuing as a means to both secure and
facilitate global trade, while at the same time providing incentives
that benefit both Customs and traders that have decided to work
in partnership. In Ethiopia, currently more than 30 companies are
authorized economic operators.
Dostları ilə paylaş: