Kazakhstan Will Accept ATA Carnets Effective April, 2017

By: Kelli Milianti, ATA Carnet Manager, Roanoke Insurance Group Inc. When shipping goods for temporary importation and re-exportation, businesses must select a form of security to meet customs requirements. Most often the cargo owner faces the choice between using an ATA Carnet with a carnet bond or a Temporary Import Bond (TIB). Each option has its advantages, but the ATA Carnet generally offers more streamlined benefits for international trade. Benefits of an ATA Carnet 1. Cost Savings: ATA Carnets eliminate duties and value-added taxes (VAT) when goods are re-exported within the validity period, reducing financial burdens[1][2][3]. 2. Simplified Customs Procedures: […]

We’re thrilled to share a significant milestone in the world of international trade and temporary goods movement. Starting April 30, 2024, Peru will officially adopt the ATA Carnet system, becoming the 80th country to facilitate smoother, duty-free exchange of goods for up to one year. This development positions Peru as the third Latin American nation, following Chile and Mexico, to embrace this innovative customs solution. The ATA Carnet, often dubbed the “passport for goods,” is a crucial instrument for businesses engaged in international trade, especially those involved in exhibitions, fairs, and similar events. It allows for the temporary import and […]

COVID-19 has already had a big impact on international travel and especially on large events. As such, ATA Carnet users are susceptible to disruptions right now, especially those needing to transit through multiple countries to operate effectively or even those going to single countries where quarantines or event cancellations are taking place. Furthermore, you may encounter unexpected difficulties booking timely re-exportations to meet carnet expiration deadlines. While we can’t make travel any easier, we are here to try to support our clients with best practices. Be proactive around approaching ATA Carnet expiration dates. If your established re-exportation plans are disrupted, […]