Bahrain - Customs president Shaikh Ahmed bin Hamad Al Khalifa and Saudi Customs governor Ahmed Al Hakbani yesterday signed an agreement on the Economic Operator programme, jointly implemented by both.
Shaikh Ahmed said the signing was a result of a series of meetings to set mechanisms for joint work with consideration to security requirements.
The Saudi official highlighted that the agreement will reinforce historical relations and hoped it will promote the flow of goods between both countries.
The Authorised Economic Operator (AEO) is defined as one of the participating party in the movement of international trade in a manner that conforms to international customs regulations or to equivalent adopted standards of supply chain security.
It includes importers, exporters, manufacturers, brokers, transportation companies, ports, airports, ports operators, warehouses, and distributors.
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