Tuesday, October 21, 2014

U.S. and Mexico sign deal to smooth global trade

The U.S. and Mexico inked a deal this week to facilitate more cooperation regarding global cargo, according to U.S. Customs and Border Protection. The goal of the arrangement is to connect 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.

U.S. CBP Commissioner R. Gil Kerlikowske and the head of Mexico's Tax Administration Service (SAT), Chief Aristóteles Núñez Sánchez, signed a mutual recognition arrangement that allows stronger collaboration between CBP's Customs-Trade Partnership Against Terrorism and SAT's New Certified Companies Scheme.

The goal of the arrangement, according to the CBP, is to connect the two industry partnership programs, so that together they create a unified security posture that can assist in securing and facilitating global cargo trade.

The arrangement, the statement said, provides tangible and intangible benefits to program members to include: fewer exams when shipping cargo, a faster validation process, common standards, efficiency for Customs and business, transparency between Customs administrations, business resumption, front-of-the-line processing, and marketability.

The signing was held in San Diego at the executive steering committee meeting of U.S. Department of Homeland Security and the Secretariat of Finance and Public Credit of Mexico.

"I am pleased to be here to join Chief Núñez in the signing of the Mutual Recognition Arrangement," said CBP Commissioner R. Gil Kerlikowske. "This is a significant milestone for both the United States and Mexico and the facilitation of secure trade between the two countries."



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