U.S. and Mexico Sign Mutual Recognition Agreement10/20/2014
On October 17, 2014, U.S. Customs and Border Protection (CBP) and Mexico's Tax Administration Service (SAT) signed a mutual recognition arrangement aimed to enhance the collaboration between CBP’s Customs-Trade Partnership Against Terrorism (C-TPAT) and SAT's New Certified Companies Scheme (NEEC).
According to the release, “The goal of the mutual recognition arrangement is to link the two industry partnership programs, so that together they create a unified and sustainable security posture that can assist in securing and facilitating global cargo trade.”
Benefits for program members will include the following:
- Fewer exams
- Faster validation process
- Common standards
- Efficiency for Customs and business
- Transparency between Customs administrations
- Business resumption
- Front-of-the-line processing
The U.S. also has mutual recognition arrangements with New Zealand, Canada, Japan, Korea, Israel, Jordan, the European Union and the Taipei Economic and Cultural Representative Office.
The press release can be accessed online at:
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