US Strikes Cargo Security Pact With South Korea

Law360, New York (June 25, 2010, 6:32 PM EDT) -- U.S. Customs and Border Protection has worked out a deal with South Korea’s customs agency to align cargo security standards as part of the countries' respective international trade partnership programs.

Customs said Friday it had signed a mutual recognition arrangement with the South Korea Customs Service at the World Customs Organization Council in Brussels, agreeing to mutual standards in South Korea’s Authorized Economic Operator program and the U.S.’ Customs-Trade Partnership Against Terrorism program.

"Opportunities to secure our borders are aggressively being identified on an ongoing basis...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.