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U.S.-EU ink cooperation pact for trusted traders

Security

Thursday, May 10, 2012

U.S. and European Union customs officials have finalized an agreement to treat qualified shippers in their respective supply chain security programs as equivalent to their own, but a wide range of technical details must still be worked out before low-risk companies can enjoy reduced fees and inspection levels for ocean freight. Under the agreement signed last Friday, Customs and Border Protection will recognize voluntary participants in the EU's Authorized Econo...

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