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July 14, 2017
The ATA Carnet could soon be fully electronic
The World Chambers Federation (WCF) of the International Chamber of Commerce (ICC) is moving closer to creating a digitalised ATA Carnet system, following the conclusion of a successful meeting at the World Customs Organization (WCO) on 30 June 2017 in Brussels.
Building upon its successful work to date with Mercury (a centralised repository of key ATA data) the ICC WCF showcased the advantages that digitising the ATA Carnet could provide, such as facilitating transactions, increasing data security, preventing claims and reducing administration. The ICC WCF's delegation also spoke about its importance to Customs, as well as the business community.
During this meeting with key WCO members from more than 15 nations, including the European Union, customs officials welcomed the initiative. Many were eager to join a potential pilot programme, which is set to be launched in the coming year.
The ATA Carnet is an international customs document that permits the tax-free and duty-free temporary export and import of goods for up to one year. ATA Carnets are currently in force in 77 countries and economies throughout the world today.
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