U.S. CBP and Singapore Sign Customs Mutual Assistance Agreement
Wednesday December 3rd, 2014
U.S. Customs and Border Protection has signed a Customs Mutual Assistance Agreement (CMAA) with Singapore, it’s 72nd CMAA to date. The Agreement allows each country to leverage the other’s existing cargo security and efficiency-building programs. With the rapid expansion of free trade, it would be extremely difficult for an individual customs service to efficiently manage imports and exports on its own while enabling economic prosperity. CMAAs and other international partnership programs are vital, serving as cost-effective force-multipliers for processing trade in the 21st century.