ATA Carnet, Industry Insights
ATA Carnets Welcome Qatar!
Starting this August, Qatar will be officially accepting ATA Carnets! This means that U.S. exporters to Qatar can begin sending their temporary import shipments to Qatar on ATA Carnet, the “passport for cargo” and the gold standard for temporary entries. By joining the ATA Carnet system, Qatar strengthens their status as a global investment destination and becomes even more attractive to international events and exhibitions.
According to the latest data available from the Office of the U.S. Trade Representative, the United States exports $4.9 billion worth of goods to Qatar annually with a high proportion of this trade in the aviation, machinery, and electronics sectors. The U.S. enjoys a $3.8 billion trade surplus with Qatar, and acceptance of ATA Carnet shipments promises to ease trade to Qatar and further develop economic cooperation and export expansion for U.S. companies.
The International Chamber of Commerce (ICC) officially welcomed Qatar as the 78th country to implement the ATA Carnet system at the World ATA Carnet Council meetings in X’ian China, last week. Qatar’s application of the ATA Carnet system will initially be open to only goods for exhibitions and fairs, but, ICC WCF World ATA Carnet Council (WATAC), Chair Ruedi Bolliger states “…we believe the implementation will give Qatar enough confidence to expand the scope of application to other main categories of goods in the near future.”
We look forward to providing you with ATA Carnets to Qatar! Contact your ATA Carnet Help Desk today, and be the first to enter Qatar on an ATA Carnet! You can reach us at 1.800.Carnets (1.800.227.6387) or by email at Carnets@RoanokeGroup.com.