Trusted Traders receive a suite of trade facilitation benefits:
- a dedicated
Account Manager who will be the point of contact between us and the business
priority service when requesting advanced rulings on tariffs, valuation and origin
differentiated examinations will apply as they are recognised as low risk
- use of the Australian Trusted Trader logo.
Mutual Recognition Arrangements are being established between the Australian Government and our key trading partners. The arrangements will enable Trusted Traders to access trade facilitation benefits of the reciprocal trading partner—reducing the customs regulatory burden for Australian exporters entering foreign markets.
The Department signed its first Mutual Recognition Arrangement at the World Customs Organization’s (WCO) Council session on 15 July.
The Mutual Recognition Arrangement with the New Zealand Customs Service will provide Trusted Trader exporters with border processing benefits on arrival in New Zealand. New Zealand Secure Export Scheme partners will be provided with preferential treatment on arrival in Australia.
Benefits from 2017-18
From financial year 2017-18 (date—to be confirmed), Trusted Traders will receive:
deferral of duty payments on imported goods for a set period
streamlined reporting arrangements to reduce the administrative burden involved in importing and exporting goods.
Exploring future benefits
We are currently exploring a range of new trade facilitation benefits that could apply to Trusted Traders, including:
- enhanced cross-agency collaboration with other border agencies
- labour mobility and trade in services
- secure trade lanes.
Being a Trusted Trader means you have the opportunity to work with us to test new benefits and influence the development of future benefits.
Australian Government partnerships
The Australian Government is progressing reforms to foster legitimate trade and provide Australian businesses with a seamless border experience. For example, the work currently underway to explore opportunities to align aspects of Australian Trusted Trader and the Known Consignor scheme (Known Consignor).
Known Consignor is a new, internationally recognised initiative that will offer Australian exporters an alternative way to meet new United States (US) legislative air cargo requirements.
From 1 July 2017, all US-bound export air cargo will need to be piece-level examined (by an approved business), or originate from a Known Consignor. From late 2016, exporters will be able to apply with the Office of Transport Security to become Known Consignors.
Known Consignor is managed by the Office of Transport Security (OTS) at the Department of Infrastructure and Regional Development. For more information on Known Consignor visit the Office of Transport Security website.
Australian Trusted Trader team for more information on the programme.