Group 1 - The mutual recognition arrangement between the General Administration of Customs of China and the General Customs Administration of Mongolia for AEO (Authorized Economic Operator) enterprises was officially implemented on June 1, enhancing trade facilitation between the two countries [1] - AEO enterprises will benefit from lower document review rates, reduced import inspection rates, priority inspection for goods requiring physical checks, and designated customs liaison officers to assist with customs issues [1] - Zhejiang AnDe Electric Co., Ltd., a high-end kitchen appliance manufacturer, reported a 150% year-on-year increase in exports to Mongolia, amounting to 1.99 million yuan in 2024, attributing this growth to the AEO certification and the new mutual recognition arrangement [1] Group 2 - Zhejiang Jiuzhou Pharmaceutical Co., Ltd. expressed optimism about the AEO mutual recognition arrangement, highlighting its alignment with the company's strategic goals to enhance product competitiveness and reduce international logistics costs [2] - In the first four months of this year, Zhejiang Province's trade with Mongolia reached 520 million yuan, a 39.3% increase year-on-year, with AEO enterprises in Hangzhou contributing 25.43 million yuan, a 59.6% increase [2] - The Hangzhou Customs plans to strengthen the cultivation of AEO enterprises, prioritizing certification for "Zhejiang Export Brand" companies and key industry chain enterprises to enhance their competitiveness and modern management systems [2] Group 3 - China has signed AEO mutual recognition agreements with 31 economies globally, covering 57 countries and regions, including 38 countries involved in the Belt and Road Initiative, leading the world in both the number of agreements and participating countries [3]