New York, N.Y., July 7, 2016 – The United States Council for International Business (USCIB) welcomed the news that Brazil has begun accepting ATA Carnets as of June 28. ATA Carnets are international customs documents that allow goods to temporarily enter signatory countries tax- and duty-free.
Brazil has become the 75th member to join the ATA Carnet system, which was founded in 1961 by the World Customs Organization to encourage global trade by reducing barriers caused by national customs regulations. Also known as “Merchandise Passports,” Carnets allow for temporary duty-free imports of goods generally qualified for use in trade shows or as commercial samples and professional equipment. At present, Brazil is accepting Carnets for trade shows and professional equipment. The Confederação Nacional da Indústria (National Confederation of Industry) has become Brazil’s national guaranteeing association for the Carnet system.
“This is fantastic news,” said USCIB President and CEO Peter Robinson. “Brazil is one of America’s largest trade partners, and we are delighted to welcome Brazil as the newest member of the ATA Carnet family. We look forward to working with CNI as our counterpart national guaranteeing association in Brazil to further expand trade between our countries.”
USCIB administers the Carnet system in the United States under a set of conditions established by the World Chambers Federation, a division of the International Chamber of Commerce. Find out more about the services offered by USCIB to facilitate cross-border trade and investment at www.uscib.org.
More on USCIB’s Trade Services
Contact:
Jonathan Huneke, VP communications, USCIB
+1 212.703.5043 or jhuneke@uscib.org
About USCIB:
USCIB promotes open markets, competitiveness and innovation, sustainable development and corporate responsibility, supported by international engagement and regulatory coherence. Its members include U.S.-based global companies and professional services firms from every sector of our economy, with operations in every region of the world. With a unique global network encompassing leading international business organizations, USCIB provides business views to policy makers and regulatory authorities worldwide, and works to facilitate international trade and investment. More information is available at www.uscib.org.
