ISLAMABAD: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi and Member Customs (Policy) Javed Ghani presided over a meeting to highlight Authorized Economic Operators (AEO). The program has been finalized according to international practices and WCO security standards.
The meeting was attended by representatives of all government departments and border agencies who were taken on board on the said Program that will substantially reduce the cost of doing business for the trade and industry.
Addressing the participants the Chairman informed the participants that AEO Program was a great step towards traders facilitation and ease of doing business as “red tapism” of government departments will be replaced with “red carpet” for the trustworthy business entities, and will provide enabling environment for the business community to achieve their maximum potential.
He said AEO Program will be implemented on export stage that will not only boost national exports, but will also play vital role in jobs creation. Subsequently, ambit of AEO Program will be extended to other sectors of the economy for maximum facilitation and priority treatment by all government departments.
Member Customs Policy Muhammad Javed Ghani urged the participants from all government departments to come forward for feedback to chalk out an attractive AEO Program that could meet maximum aspirations of the trade and industry.
The representatives from government departments i.e., Ministry of Foreign Affairs, Anti- Narcotics Force (ANF), Engineering Development Board (EDB), Ministry of Industries, Home Department Sind & KP, Pakistan Nuclear Regulatory Authority, Pakistan Quality Standards & Quality Certification Authority (PSQCA), Climate Change and PEMRA appreciated the AEO initiative and agreed that it was the first initiative of its kind which aims at recognition of trusted business partners at Federal Government level and entails benefits from all government departments.
