Good news for Middle East trade as Qatar joins carnet system

22 May 2018

 

Global trade with the Middle East is to get a boost after a decision by Qatar Chamber of Commerce and Industry to join the World Chamber Federation (WCF) ATA Carnet system this summer.

From August 1, Customs of Qatar will accept ATA Carnets for the temporary admission of goods, including unaccompanied items, for display, or use, at exhibitions, trade fairs and meetings, as Doha becomes the 77th guaranteeing body to join the WCF/ATA Carnet system.

While The State of Qatar will accept ATA Carnets completed in Arabic or English, it will not accept them for ‘postal traffic’ or for multiple, or split, consignments. However, ATA Carnets will be accepted for part of multiple imported goods on condition that they are re-exported as one consignment.

ATA Carnets, which translates to "book of temporary admission tickets", can be used for temporary exports – where goods are not to be sold - to fast-track customs in countries belonging to the carnet scheme without the need to pay duty and/or local tax on their arrival.

They are widely used by businesses to obtain duty-free import and fast clearance of professional equipment, commercial samples and goods for trade fairs as well as by touring theatre companies, film crews and musicians touring overseas.

According to The World Bank, Qatar’s economic growth is expected to recover to 2.8 per cent in 2018, and increase to a three per cent average in 2019-20, as rising energy receipts ease fiscal constraints, infrastructure spending continues before the FIFA World Cup in 2022, and the US$10bn Barzan natural gas facility starts operating in 2020.

 

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