Saudi Customs launches Approved Economic Operator program

Updated 03 January 2018
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Saudi Customs launches Approved Economic Operator program

JEDDAH: Saudi Customs has launched the Authorized Economic Operator (AEO) program to enhance partnership with the private sector and encourage teamwork to facilitate trade and customs procedures.

The AEO program will improve trade procedures for exporters, importers, customs trustees, carriers, shipping agents and other trade facilities in the logistics sector. The program will facilitate trade between the Kingdom and other countries. It also has procedural and priority advantages in all customs procedures.

The program also offers security advantages, such as minimizing spot checks and sample analysis. General advantages of the AEO also include benefiting from the features offered by similar programs in other countries through mutual recognition, and the possibility of using the AEO logo in marketing.

Moreover, there will be a special account for the trading facility to deal with any challenges that face export and import operations.

Saudi Customs invited relevant parties to register through its website. Registration conditions stipulate that the facility should have a suitable three-year record for customs obligations before applying. They also stipulate the availability of suitable administrative and financial rules which allow for imposing proper customs controls on shipping documents, and a proven financial capability of the facility.

Saudi Customs declared that there is no time limit for the facility which has already been approved as an authorized economic operator, but the suitability criteria will continuously be monitored. Re-checking will be done at least once every five years or according to the results of continuous assessment and monitoring.

The launch of the Saudi AEO follows the implementation of a 24-hour customs clearance policy, which has been successful in many maritime customs outlets in its first stage. The time needed to finalize customs procedures has been reduced from 14 days to less than 48 hours.


Riyadh to host forum to observe World Heritage Day next year

Riyadh hosts the sixth National Urban Heritage Forum in April with its focus on investment opportunities in the urban heritage. (Reuters)
Updated 19 October 2018
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Riyadh to host forum to observe World Heritage Day next year

  • Forum will encourage private investment to capitalize on the country’s rich urban heritage
  • Saudi Commission for Tourism and National Heritage hosts the forum each year in a different part of the Kingdom

RIYADH: The Saudi capital will host the sixth National Urban Heritage Forum (NUHF) next April to coincide with World Heritage Day, with its focus on investment opportunities in urban heritage.

“The four-day National Built Heritage Forum will be launched in Riyadh on April 15,” said Majed Alshadeed, a spokesman for the Saudi Commission for Tourism and National Heritage (SCTH), on Thursday, adding that the forum will culminate on April 18, World Heritage Day. World Heritage Day is celebrated every year on April 18 with the aim of preserving the human heritage and recognizing the efforts of the relevant organizations in the field.

Organized by SCTH under the umbrella of the Custodian of the Two Holy Mosques Cultural Heritage Program, the 6th forum will encourage private investment to capitalize on the country’s rich urban heritage.

The forum will look at developing business models in the management and development of — and investment in — urban heritage sites, as well as the development of crafts and handicrafts.

The heritage forum is organized each year by the SCTH in a different province in collaboration with the relevant governorates, municipalities and local universities, following the recommendations of the first International Conference for Urban Heritage in the Islamic Countries, which was held in Riyadh in 2010.

The first session of the NUHF was organized in Makkah province, the second in the Eastern Province, the third in Madinah province, the fourth in Asir province and the fifth in Al-Qassim province.

Next year’s forum seeks to invest the expertise, knowledge and experience that the SCTH has gained and transfer it to the four economic sectors working in urban heritage. These sectors are construction, restoration and contracting, site operation, human resources development, and services and industries related to urban heritage.

The forum will include the distribution of prizes to the projects winning the Prince Sultan bin Salman Urban Heritage Awards, exhibitions, scientific sessions, workshops and business meetings with Saudi and international experts and consultants to discuss investment opportunities in urban heritage. There will also be a specialized expo for companies and institutions working in the sectors of the economics of architectural heritage, restoration and engineering consultancy.