Sunday, November 24, 2024

PH to Implement ATA Carnet in July

PH to Implement ATA Carnet in July

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The Philippines will be implementing the ATA Carnet system effective July 15, 2024, the Philippine Chamber of Commerce and Industry (PCCI) announced today following a meeting with Bureau of Customs (BOC) Commissioner Bienvenido Rubio recently.

“We are pleased to partner with the Bureau of Customs in launching the ATA Carnet system in the Philippines,” said Consul Enunina V. Mangio, PCCI President. “This initiative demonstrates our commitment to fostering a conducive environment for trade facilitation, ease of doing business and economic growth,” she added.

Mangio said that the strategic move aims to streamline and facilitate temporary exports and imports of goods, making cross-border trade more efficient and cost-effective for businesses.

ATA Carnet, also known as the “passport for goods,” is an international customs document that simplifies customs procedures for admission of goods up to one year. It allows businesses to temporarily export and import into participating countries without the need to pay duties and taxes, provided that the goods are re-exported within a specified timeframe. Thus, it is an indispensable marketing tool which helps businesses especially SMEs to successfully develop their exports.

In conjunction with the implementation of the ATA Carnet system, PCCI is now accepting accreditation applications from businesses who intend to utilize the passport for goods.

PCCI will also be scheduling the local workshop for Exporters, Industry Associations, Chamber of Commerce, Sports Associations, Film and Entertainment organizers, and Business Professionals.

Businesses interested in obtaining accreditation and attending local workshop for the ATA Carnet system are encouraged to contact the Philippine Chamber of Commerce and Industry for further information and assistance.

The implementation of the ATA Carnet system underscores the Philippines’ commitment in efficiently facilitating trade and enhancing its competitiveness in the global market.