Manila City, Philippines— “The ATA Carnet System represents a significant leap forward for Philippine businesses as it allows them to temporarily move goods across international borders without the burden of import duties and value-added tax in the host countries,” said the Department of Trade and Industry (DTI) Secretary during the launch of the ATA Carnet System, on July 15.
The ATA Carnet System, also known as the Convention on Temporary Admission (Istanbul Convention), will allow Philippine exporters to temporarily send goods to over 80 countries and territories. It will also replace the multiple customs documents currently required with a single, comprehensive document.
Secretary Pascual recognized the system not as just a facilitative tool but as a gateway to greater opportunities and streamlined international trade.
“Imagine the possibilities: our exporters can now bring their goods to a place for exhibition and promotion and avoid various countries’ complex and often cumbersome customs requirements. Instead, with a single document—the so-called “passport for goods, our exporters can ensure their goods move swiftly and efficiently across borders,” the trade chief added.
By significantly reducing the financial burden on businesses, this streamlined process will expedite the movement of goods across borders and make participation in international trade shows, exhibitions, and other events more accessible and cost-effective.
The system’s implementation further solidifies the country’s efforts toward an export-led growth, aligned with the Philippine Export Development Plan.
Beyond advantages in international trade, the ATA Carnet System will also make the Philippines a more attractive destination for international events and exhibitions. This, in turn, is expected to stimulate tourism, create jobs, and contribute to the overall economic development of the country.
This launch is the culmination of a collaborative effort between the DTI, the Department of Finance, the Bureau of Customs, and the Export Development Council (EDC). The EDC, through the Export Promotion Support Fund, will also support capacity-building and advocacy initiatives on ATA Carnet to ensure that Philippine businesses are aware of and able to make full use of its benefits.
“We will continue to build on this robust collaboration, pushing for reforms and initiatives that, no matter how challenging, will transform the Philippines into a dynamic export powerhouse and attractive business destination, bringing prosperity to our businesses and industries,” said the DTI chief as he lauded how the strong public-private partnership with the EDC has been instrumental in making the Philippines’ accession and implementation of the ATA Carnet possible.
The ATA Carnet System is an internationally recognized customs document that facilitates the duty-free and tax-free temporary import of goods. It encompasses a wide range of goods, including commercial samples, professional equipment, and items intended for exhibitions and fairs.
Coupled with recognition by most customs authorities worldwide, ATA Carnet is an indispensable tool for businesses engaged in international trade. ♦
Date of release: 15 July 2024