CBP Announces Test of Trusted Trader Program
U.S. Customs and Border Protection (CBP), in collaboration with the Food and Drug Administration (FDA) and the Consumer Product Safety Commission (CPSC) recently announced the commencement of the Trusted Trader program test. CBP plans to unify the Customs-Trade Partnership Against Terrorism (C-TPAT) program and the Importer Self-Assessment (ISA) program to promote a streamlined process through which importers can demonstrate they strive to secure their supply chains and strengthen their internal controls involving trade compliance enforced by CBP and other government agencies.
The test will run for 18 months. A company must meet certain eligibility requirements and make application to participate in the program. The test will be limited to fewer than ten participants.
Incentives for participation in the Trusted Trader program are being offered in addition to the benefits offered to C-TPAT and ISA members.
To learn more about the program, please refer to the announcement in the Federal Register, Volume 79, Monday, June 16, 2014. http://www.gpo.gov/fdsys/pkg/FR-2014-06-16/html/2014-13992.htm