Photo by Tom Fisk from Pexels

SG inks mutual agreement to enhance cargo clearance efficiency with  ASEAN member states

Six out of ten signatories are now preparing their respective programmes.

The Association of Southeast Asian Nations (ASEAN) Member States (AMS) have signed the Mutual Recognition Arrangement (MRA) of their respective Authorised Economic Operator (AEO) Programmes (AAMRA).

Member states aim to implement the regional AEO MRA by 2025.

AAMRA will enhance trade and promote economic growth in ASEAN by reducing documentary checks and physical cargo inspections, allowing for smoother cargo clearance and flow of goods within the region.

Of the 10 AMS, Brunei Darussalam, Indonesia, Malaysia, the Philippines, Singapore, and Thailand have jointly assessed and validated each other’s national AEO Programmes, ensuring their alignment with the World Customs Organization (WCO) SAFE Framework of Standards to Secure and Facilitate Global Trade (SAFE Framework). 

The six AMS will commence a six-month pilot of the programme in December 2023 and will likely implement it on 3Q24.

Meanwhile, the remaining four AMS –- Cambodia, Lao PDR, Myanmar, and Vietnam –- are in the process of getting more companies to be part of their AEO programmes. The four AMS will commence a second AAMRA pilot in 2024.

Singapore’s total trade volume with AMS averaged $292.5b for the past three years (2020 – 2022). The AAMRA was mooted by Singapore during the 32nd ASEAN Summit held in Singapore in 2018.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


UOB deploys AI tools to level up employees’ productivity
The bank with the largest consumer footprint in ASEAN leads the way in adopting Microsoft’s Copilot for more collaborative and productive banking.
Italy brings its strong suits to Singapore’s fintech expo
Italian trade executive says 9 firms at the Singapore Fintech Festival 2023 exemplify the diverse range of products and expertise Italy can bring to the table.
Trust Bank sets the bar for digital banking in Asia Pacific
The digital bank targets to be Singapore's fourth largest retail bank, CEO Dwaipayan Sadhu said.