Sunday Dec 22, 2024
Sunday Dec 22, 2024
Monday, 30 November 2020 00:00 - - {{hitsCtrl.values.hits}}
The International Chamber of Commerce (ICC) recently provided an update on the electronic ATA Carnet (eATA) pilot project as part of the World Customs Organisation’s annual ATA/Istanbul Administrative council meeting.
The ATA Carnet is an international customs document that permits duty-free and tax-free temporary import of goods for up to one year. ICC is the international organisation administering the global guarantee chain that all national guaranteeing associations are affiliated with.
Customs representatives from China and Switzerland, shared their experiences with the eATA Carnet pilot and offered their support for the project moving forward. The Directorate-General for Taxation and Customs Union of the European Commission (TAXUD) reiterated its support for the eATA project pilot. The eATA Carnet pilot project is aligned with ICC’s commitment to digitalise trade for the 21st century by reducing the private and public sector’s dependency on paper-based processes. ATA Carnets are currently accepted in approximately 80 countries/customs territories. Every year, approximately 190,000 ATA Carnets are issued worldwide covering goods valued at $ 26 billion.
The International Chamber Commerce (ICC) represents over six million member companies and 43 million members globally in over 130 countries. ICC is represented in Sri Lanka by ICC Sri Lanka.
