compliance e AEO,  free trade agreement

New elements of the modernized FTA EU Chile

The main aspects of the modernized FTA (free trade agreement) between the UE and the Chile are:

  • accounting segregation for fungible materials;
  • non alteration principle;
  • claim for preferential tariff treatment by means of either statement of origin (with REX for EU economic operators) or importer knowledge;
  • requirement of record keeping;
  • bilateral cumulation EU-Chile; right of the parties to study more complex ways of cumulation.

The AEO authorization can support the economic operator in ensuring high compliance with the obligations of the FTA.