Use of ATA Carnet Systems grows

Posted on: 15/05/2011

The early months of 2011 have seen the number of countries accepting ATA Carnets increase.  An ATA Carnet is, in essence, a book of tickets used to control the temporary shipment of goods without needing additional customs paperwork or paying duties and taxes.  Though the use of Carnets involves issuing fees and setting up an indemnity or bond for customs duties (in case the goods don't leave the country) it is a very useful tool.  ATA Carnets are particularly useful for companies bringing samples to customers, exhibiting at trade fairs or transporting equipment. They improve trade opportunities by both reducing customs procedures, and significantly minimizing costs.  2011 saw the UAE and Bosnia Herzergovina accept this document and, from the 16th May 2011, Mexico.

Mexico has long been identified as one of the priority target countries by the network of organizations already affiliated with the ATA guarantee chain, administered by the International Chamber of Commerce (ICC).   “Adding Mexico to the ATA Carnet System is a big achievement and will have a significant impact on users due to the sheer volumes of trade that go to Mexico,” said Peter Bishop, Chair of the ICC World Chambers Federation World ATA Carnet Council (WATAC). “Travelling with goods will now be easier for businesses wanting to go tothis important hub.”  The Mexico City National Chamber of Commerce (CANACO) will administer ATA Carnets, the international customs documents that allow for the duty and tax-free temporary import and export of goods for up to one year.

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