(MENAFN- The Peninsula) The Peninsula
DOHA: The official implementation of ATA Carnet, the international customs document that allows the duty-free and tax-free temporary import and export of goods for up to one year, will take place in Qatar from August 1, Qatar Chamber (QC) announced yesterday at a press conference.
The new system, which is based on cutting-edge technology, is expected to reinforce Qatar's position as global investment destination. The preparations for the implementation of ATA Carnet system in Qatar have already been completed.
QC's Chairman Sheikh Khalifa bin Jassem Al Thani and Chairman of General Authority of Customs Ahmed bin Abdullah Al Jamal attended the event.
Addressing the conference, Sheikh Khalifa said that Qatar's formal accession to the ATA Carnet Council as a full member, which was announced on May 9, came as a result of the lengthy negotiations conducted by Qatar Chamber and the General Authority of Customs for more than a year which is preceded by years of preparations and measures to provide the appropriate infrastructure for the system's compliance in Qatar.
He pointed out that the system is applied to the import-export goods that will return to the country of origin within the period which is approved by the concerned custom authorities.
'The system facilitates and simplifies customs procedures for clearing goods and equipment going to participate in fairs, exhibitions and conferences without paying duties and taxes he added.
ATA Carnet system will certainly boost Qatar's position as a global investment destination and a leading business center, he explained, saying: 'It will also strengthen its preparations for hosting the 2022 World Cup and the other major international conferences and exhibitions,
Sheikh Khalifa extended his thanks to the General Authority of Customs for its vigorous efforts and hard work with the chamber in this regard.
On his part, the Chairman of General Authority of Customs (Al Jamal) said that Qatar's joining to the ATA Carnet Council would contribute to further simplifying customs procedures across borders and enhancing global trade from and to the country.
Underlining the key role played by the Authority in the inclusive economic development led by the wise leadership of the Amir H H Sheikh Tamim bin Hamad Al Thani, Al Jamal said that the General Authority of Customs is the country's competent body to monitor entry and exit of goods, transportation means across customs borders and the implementation of the relevant international legislation and agreements.
He noted that Qatar joined Istanbul Convention through decree No 18 of 2015. All requirements for the implementation of the convention have been completed in cooperation with Qatar Chamber, he pointed out. He extended thanks to Sheikh Khalifa for the continuing cooperation in all joint initiatives between the chamber and the authority.
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