Singapore, Thailand Agreement to Help Customs Clearance

Singapore's and Thailand’s customs mutual recognition agreement will take effect Sept. 1, allowing for a more efficient exporting process and faster customs clearance for authorized economic operators in the two countries, Singapore said in an Aug. 26 notice. Qualifying companies “can now look forward to facilitated clearance for their goods” when the two countries trade, the notice said. The agreement covers companies certified under Singapore Customs’ Secure Trade Partnership-Plus program and Thailand’s Authorized Economic Operator program.