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The ATA System is administered by ICC-WCF World ATA Carnet Council (WATAC), Paris in cooperation with the World Customs Organization (WCO).
On his part, the Director General represented Dubai Chamber at various international events including the first World Business Summit organized by International Chamber of Commerce (ICC) in Stockholm, Sweden, in June and other ICC event, the World Chambers Federation Steering Committee's WATAC meeting held in Beijing, China, in November where they declared Dubai Chamber to be the largest issuer of COs.
The chamber said it has completed its preparations for the implementation of the system, in co-ordination with the General Authority of Customs after Qatar's official accession to the World ATA Carnet Council (WATAC) on May 9.
Qatar has officially become the 77th member of World ATA Carnet Council (WATAC) fortifying its position as one of the ideal global investment destinations and a leading business centre.
Summary: HE Eng Hamad Buamim, Director General, Dubai Chamber of Commerce & Industry, attended the International Chamber of Commerce (ICC) World Chambers Federation Steering Committee's WATAC meeting held in Beijing, China, recently.
He noted that Qatar's formal accession to the World ATA Carnet Council (Watac) as a full member was the result of lengthy negotiations during previous sessions with Watac officials.
Tribune News Network Doha Qatar has officially joined the World ATA Carnet Council (WATAC), making it one among the 77 countries under the system that allows them to eliminate customs duties and value-added taxes for temporary import and export of merchandise.
After this successful visit, Buamim will be representing Dubai at the next meetings of WATAC which will be held on November 17-18 and that of WCF on November 19 in Beijing, China while he will also attend the ICC meeting being held in Hong Kong on November 20 this year and next year's WCC meeting taking place in Kuala Lumpur, Malaysia, on June 3-4, 2009.
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