Updated Mechanism for AEO Recognition Introduced: Eligible Economic Operators and Mandated Responsibilities Now Expanded

In 2014, the Minister of Finance (“Minister”) set various prerequisites, conditions and mandates that had to be met in order for economic operators (i.e. parties who engage in activities relating to goods that are moved through the international supply chain)[1] (“Operators”) to be officially recognized as Authorized Economic Operators (“AEO”) through the issuance of Regulation No. 227 of 2014 on Authorized Economic Operators (“Regulation 227/2014”). It should be noted that Hukumonline’s Legal Research and Analysis Team previously summarized the aforementioned aspects of Regulation 227/2014 in the following edition of Indonesian Legal Brief (“ILB”): “Provisions on Authorized Economic Operators Reregulated”.