free trade agreement between the efta states and the republic of serbia

- 4 -(b)in accordance with its legislation, allow importers to obtain the release ofgoods prior to meeting all import requirements of that Party if theimporter provides sufficient guarantees. A Party is not required to releasegoods where the Parties’ legitimate import requirements have not beensatisfied.Article 6Risk Management1. Committed to enhancing trade facilitation while maintaining effective control oftrade between the Parties, customs and other border authorities shall determine whichpersons, goods, or means of transport are to be examined and the extent of theexamination, based on risk management.2. Risk management includes the systematic assessment of risks related to theinfringement of customs and other legislation relevant for international trade in goodsand related services. The Parties shall use compliance measurement to support riskassessment.3. The relevant authorities of each Party may conduct audit-based controls, such asquality control and compliance reviews, which may require more extensiveexaminations of certain economic operators over a limited time period.Article 7Authorised Economic Operator SystemA Party introducing or expanding an Authorised Economic Operator System orsecurity measures affecting international trade flows shall:(a)(b)afford to another Party the possibility of mutual recognition ofauthorisations and security measures, for the purpose of facilitatinginternational trade while ensuring effective customs control; anddraw on relevant international standards and practices, in particular theWCO Framework of standards.Article 8Customs Brokers1. No Party shall introduce new requirements to use customs brokers.2. Each Party shall endeavour to develop customs systems or procedures enablingexporters and importers to submit their customs declaration without being obliged toturn to customs brokers.