Singapore, UK Sign Deal to Expedite Customs Clearances
A new agreement between Singapore and the U.K. will allow certain companies from both countries to import goods with less paperwork and cargo inspections, Singapore Customs announced June 27. The deal, outlined in a "Mutual Recognition Arrangement of Authorized Economic…
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Operator programs" signed June 23, will expedite export clearances for companies certified by the Singapore Customs and the U.K.'s Revenue and Customs. Lim Teck Leong, Singapore Customs deputy director-general, said the deal brings both countries' customs cooperation "to the next level" and encouraged more companies to become certified under the program.