Institutional fundamentals of authorized supply chains formation

Abstract

This paper is addressing the issues regarding formation of authorized supply chains in international trade with reference to the World Customs Organization (WCO) standards and specific aspects of customs administration. The paper is evaluating the WCO imperatives and modern information technologies used in the sphere of customs risks management. It is defining the weak points of international China to Russia supply chains. It is substantiating the necessity to make analytical assessment of evolution of institute of authorized economic operators in China and in the RF. The paper brings to light particular features of institute of authorized economic operators in China and defines directions of its further development. It is evaluating specificity of evolution of institute of authorized economic operators in the RF under the conditions of customs regulations harmonization in Eurasian economic Union (EAEU). It was noted that innovation of the EAEU customs’ Code consists in possibility to issue three types of certificates which are verifying party's incorporating into the Register of authorized economic operators and (2) differentiation of special simplifications depending on the type of a certificate.