Albania opens for business with implementation of ATA Carnets - passports for goods
The Republic of Albania has become the 72nd country to effectively implement the international ATA Carnet system that allows for the temporary duty and tax-free export or import goods for up to one year.
The move to join the system reflects
Albania’s resolve to further the country’s transformation into a market economy
and is in line with efforts to facilitate international trade and reap the benefits
“Albania’s implementation of the ATA Carnet
system signals to the world that the country is open for business,” said Peter
Bishop, Chair of the ICC WCF World ATA Carnet Council (WATAC) “Their
participation will have a positive impact on the Albanian economy and is
greatly welcomed by all other members of the Carnet chain.”
ATA Carnets remove the need for exporters
to provide Customs authorities with the otherwise necessary guarantees required
for goods to cross borders. Operating like passports for goods, over 160,000 ATA
Carnets are issued worldwide every year for goods valued at US$ 20 billion. From
computers to prehistoric relics, Carnets cover all kinds of goods including
commercial samples, professional equipment, goods for fairs and exhibitions.
The ATA carnet system, administered by the
Brussels-based World Customs Organization and the ICC World Chambers Federation
(WCF), 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 ATA Carnets.