OTTAWA, June 25 /CNW Telbec/ - The Canada Border Services Agency (CBSA) announced today that it has signed three Mutual Recognition Arrangements (MRAs) with customs organizations in Japan, Singapore and South Korea. The new arrangements will promote a smarter, more secure and efficient border.
The signing took place at the World Customs Organization in Brussels, Belgium. The MRAs confirm that Japan, Singapore and South Korea are using criteria similar to those used by Canada's Partners in Protection (PIP) program when granting companies membership to their respective cross-border programs: Japan's Authorized Economic Operator (AEO) program, Singapore's Secure Trade Partnership program and South Korea's AEO program.
"The signing of these three arrangements is an excellent opportunity for Canada to further develop its trade relationships with Japan, Singapore and South Korea," said Stephen Rigby, President of the CBSA. "This will provide Canadian companies greater facilitation in these key foreign markets, while further ensuring the security of the supply chain."
This international cooperation will allow customs agents to focus their efforts on unknown or high-risk areas - a demonstration of how Canada is moving forward to increase cargo security on an international scale while continuing to support economic prosperity.
Members of the CBSA's Partners in Protection program benefit from having an enhanced reputation as low-risk companies and attract business partners looking for companies with high security standards. In addition, participation in PIP is a prerequisite for expedited cross-border clearance through their participation in Canada's Free and Secure Trade program.
SOURCE Canada Border Services Agency
For further information: For further information: For media information: Media Relations, Canada Border Services Agency, 613-957-6500