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Is AEO Scheme the future of doing business?

AEO is a concept under the World Customs Organization (WCO) SAFE Framework of Standards to Secure and Facilitate Global Trade (SAFE Framework). It represents a Customs-to-Business partnership to enhance international supply chain security and facilitate movement of legitimate goods. An AEO may be defined as a party involved in the international movement of goods in […]

IMPACT OF UNSTABLE EXCHANGE RATE ON CUSTOMS CLEARANCES

An exchange rate is the rate at which one currency can be exchanged for another between nations or economic zones. It is used to establish the value of different currencies in relation to each other. For economies like Zimbabwe that actively participate in international trade, the exchange rate is an important economic variable. Countries with […]