Question : STANDARDS FOR SECURING GLOBAL TRADE



(a) whether the Ministry is adopting policies of the World Customs Organisation (WCO), which has set up standards for securing global trade;

(b) if so, the details thereof; and

(c) the time by which the Government is likely to finalise the norms for security standards?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI S.S. PALANIMANICKAM)

(a) & (b): Ye:s, Madam. An `Authorised Economic Operators1 (AEO) Programme based on the World Customs Organization`s (WCO) SAFE Framework of Standards has been formulated to secure global trade whereby security standards relating to premises, cargo etc. have been prescribed for an Authorised Economic Operator.

(c): Security standards` shall be revised by 15.10.2012.