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FOR IMMEDIATE RELEASE
June 8, 2004
CONTACT:
Mitsui & Co. (U.S.A.), Inc.
Chris Colford
212-878-4120
Mitsui & Co. (U.S.A.), Inc.: First C-TPAT Certified U.S. Subsidiary of a Japanese Trading Company
C-TPAT, the Customs-Trade Partnership Against Terrorism program, a voluntary program between Customs and Border Protection (CBP) and industry designed to enhance the security of the global supply chain, has certified Mitsui & Co. (U. S. A.), Inc. (Mitsui USA) as its first U.S. Subsidiary of a Japanese trading company member. Certified membership in the program exemplifies Mitsui USAfs commitment to strengthening the trust of its customers, business partners and the public by enhancing the security of its end-to-end supply chain, including the physical security of the production, transportation and importation elements of the supply chain process. Among the benefits of C-TPAT membership are reduced levels of cargo examinations which will lead to sooner deliveries of imported cargo to customers.
As a result of a Compliance Assessment Audit ending in 1999, Mitsui USA had already attained Customs's highest designation of Low Risk Importer. LRI status indicates a high rate of compliance with Customs regulations and the existence of safeguards to self-police our import activities. C-TPAT membership and Low Risk Importer status are indicative of the Mitsui USA's continuous efforts to comply with all applicable U. S. laws and regulations.
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