Indonesia to operate the ATA Carnet system as of 15 May
The International Chamber of Commerce (ICC) welcomes the entry of Indonesia into the ATA Carnet system following its ratification of the International Convention for the temporary admission of goods.
As the 75th member of the ATA Carnet system, Indonesia’s implementation is a major step towards regional integration, and the country is expected to become a major player in the system, both regionally and worldwide.
“By ratifying the convention, the new Indonesian government has demonstrated a strong commitment to foster economic cooperation and trade ties with Indonesia’s foreign counterparts from all over the world,” said Lee Ju Song, Director of ICC Asia.
The ATA Carnet, a tool for the temporary duty-free and tax-free admission of goods, removes the need for exporters to provide Customs authorities with the otherwise necessary guarantees required for goods to cross borders. Operating like a passport for goods over 175,000 ATA Carnets, covering hundreds of thousands of Customs transactions, are delivered worldwide every year for goods valued at US$ 25 billion. From computers and prototype cars to prehistoric relics and seismic equipment, Carnets are issued for all kinds of goods including commercial samples, professional equipment and goods for trade fairs and exhibitions.
The Indonesian Chamber of Commerce and Industry (KADIN Indonesia), the national guaranteeing organization appointed by Indonesian Customs to run the ATA system in Indonesia, is now a member of the International ATA Carnet Guarantee Chain administered by ICC through its World Chambers Federation (WCF).
By ratifying the convention, the new Indonesian government has demonstrated a strong commitment to foster economic cooperation and trade ties with Indonesia’s foreign counterparts from all over the world.
The ATA Carnet system, jointly administered by the ICC World Chambers Federation and the World Customs Organization (WCO), facilitates international trade and provides companies with a cost-effective tool to reach new markets for their products. The chain comprises chambers and business organizations that have been appointed by their national Customs authority to issue and guarantee Carnets.
Get professional advice and obtain a Carnet in your country by visiting passportforgoods.com.
Learn more about the ICC World Chambers Federation.
