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What is the primary objective of the Authorised Economic Operator (AEO) Programme?
  • a)
    To increase taxation on international trade
  • b)
    To create barriers for businesses in global trade
  • c)
    To improve the security of international supply chains and facilitate the movement of legitimate goods
  • d)
    To restrict businesses from engaging in international transportation of goods
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the primary objective of the Authorised Economic Operator (AE...
The primary objective of the Authorised Economic Operator (AEO) Programme is to enhance the security of international supply chains and streamline the movement of genuine goods. By granting AEO status to businesses, it signifies their adherence to established supply chain security standards, fostering smoother trade operations. This status not only benefits the businesses but also aids customs authorities in focusing their resources more effectively towards entities that are less compliant or present higher risks.
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What is the primary objective of the Authorised Economic Operator (AEO) Programme?a)To increase taxation on international tradeb)To create barriers for businesses in global tradec)To improve the security of international supply chains and facilitate the movement of legitimate goodsd)To restrict businesses from engaging in international transportation of goodsCorrect answer is option 'C'. Can you explain this answer?
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What is the primary objective of the Authorised Economic Operator (AEO) Programme?a)To increase taxation on international tradeb)To create barriers for businesses in global tradec)To improve the security of international supply chains and facilitate the movement of legitimate goodsd)To restrict businesses from engaging in international transportation of goodsCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What is the primary objective of the Authorised Economic Operator (AEO) Programme?a)To increase taxation on international tradeb)To create barriers for businesses in global tradec)To improve the security of international supply chains and facilitate the movement of legitimate goodsd)To restrict businesses from engaging in international transportation of goodsCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary objective of the Authorised Economic Operator (AEO) Programme?a)To increase taxation on international tradeb)To create barriers for businesses in global tradec)To improve the security of international supply chains and facilitate the movement of legitimate goodsd)To restrict businesses from engaging in international transportation of goodsCorrect answer is option 'C'. Can you explain this answer?.
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