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Dubai, UAE: After the UAE issued a decree approving the joining of the Istanbul Convention on Monday, the Dubai Chamber of Commerce and IndustryDubai Chamber of Commerce and Industry has announced its readiness in implementing the ATA Carnet system in the country which will allow the temporary admission of merchandise and goods by the end of the year.
As the National Guaranteeing and Issuing Agency for ATA Carnet in the UAE, the Chamber further announced its organising of the third ATA Carnet system workshop in the span of a year in cooperation with the UAE Federal Customs AuthorityFederal Customs Authority. The workshop dealing with daily operation of the ATA Carnet, its financial aspects, benefits and the framework of the administration of the system, will be attended by the representatives of local and GCC Customs Authorities this November.
HE Hamad Buamim, Director General, Dubai ChamberDubai Chamber, informed that the UAE formally joining the Istanbul Convention will directly benefit the exhibition and events industry as it will allow hassle-free admission of goods for a year by the representatives of exporters, exhibitions and sports events organizers, entertainment and concert promoters, and representatives of logistics, tourism and transport, free zones and banks.
Said Buamim, “Dubai ChamberDubai Chamber in association with the International Chamber of Commerce’s World Chambers Federation has been toiling hard over the years for the introduction and implementation of the ATA Carnet system in the country. Our efforts have borne fruits as the system enhances the attractiveness of its member countries and is ideal for the UAE which has, over the past few years, seen a substantial growth in MICE and has firmly established itself as a reputed regional and international exhibition centre.
Buamim also praised the efforts of the Federal Customs AuthorityFederal Customs Authority in cooperating with Dubai ChamberDubai Chamber in promoting and implementing the ATA Carnet system in the country and thanked them for selecting Dubai ChamberDubai Chamber as the National Guaranteeing and Issuing Agency for ATA Carnet system in the UAE.
Buamim further stressed that the system will directly help in boosting the business environment as it will encourage UAE businesses to participate in foreign exhibitions while promoting Dubai as an international destination for business, sports, cultural and art events, trade fairs and exhibitions while helping in the economic growth of the country.
The ATA Carnet system is also known as the Merchandise Passport and is used by the business community wanting to admit goods across international borders, on a temporary basis, for a period of not more than a year and without having to pay the Customs duty while avoiding the trouble of normal Customs formalities. The system being currently used in 67 countries allows the temporary admission of merchandise and goods in the country through the use of a single document and saves time, money and facilitates most Customs formalities.
Established in 1965, the Dubai ChamberDubai Chamber of Commerce Industry is a non-profit public entity, whose mission is to represent, support and protect the interests of the business community in Dubai by creating a favorable business environment, supporting the development of business, and by promoting Dubai as an international business hub.
© Press Release 2010