When exporting goods to Malaysia, local companies that have been certified by Singapore Customs Agency can clear customs clearance faster.At the same time, companies certified by Malaysia also enjoy the convenience of customs clearance to Singapore.
Chen Hanhui (right), director of the Singapore Customs Bureau, signed an agreement with each other in Singapore with the Malaysian Customs Director.(Provided by Singapore Customs Bureau)
The Singapore Customs Agency signed an agreement with the Mutual Recognition Arrangement with the Mutual Recognition Arrangement, which authorized the company under the planned for imported goods on Thursday (RMCD) last Thursday (RMCD).Administrative records and cargo inspection will be reduced.
The Singapore Customs Bureau issued a statement on Tuesday (January 23) to announce the news, and pointed out that Chen Hanhui, director of the Singapore Customs Bureau, and Anis Rizana Binti Mohd Zainudi, Director of the Malaysian Customs Bureau.Sign this agreement.
Chen Hanhui said that New Malaysia enjoys close trade and economic relations. The AEO-MRA agreement signed by the two parties will strengthen the bilateral cooperation between the two countries 'customs and deepen the two countries' firm commitments to promote smooth and security supply chain.He also urged more local companies to join my country's security trade cooperation plan (Secure Trade Partnership -Plus (STP -Plus) to make full use of the benefits provided by my country's mutual recognition to arrange online partners.
From 2021 to 2023, the average total trade between Singapore and Malaysia was 135.1 billion yuan per year.
