Merchandise Passports Showcased at Abu Dhabi Energy Summit

USCIB and the global ATA Carnet system were represented by Amanda Barlow, USCIB’s manager of Carnet development, and representatives from the Dubai Chamber of Commerce at the World Future Energy Summit (WFES), which took place in Abu Dhabi January 16-19.Reed Exhibitions, owner of WFES and partner of USCIB for many years, invited USCIB and WATAC to exhibit in the USA pavilion.

At the World Future Energy Summit in Abu Dhabi (L-R): USCIB’s Amanda Barlow (USCIB), U.S. Ambassador to the UAE Michael Corbin, and Mahdi Al Mazim and Dawood A. Mohamed of the Dubai Chamber of Commerce.

Both Abu Dhabi and Dubai have recently joined the global Carnet network, which is overseen by the International Chamber of Commerce. Carnets are internationally recognized customs documents that permit temporary duty-free, tax-free shipment of goods for trade shows, demonstration samples and professional equipment. USCIB is the guarantor of ATA Carnets in the United States and issues them in cooperation with a national network of service providers.

The summit, which attracted over 25,000 participants and 600 exhibitors from around the world, is the world’s foremost annual meeting committed to advancing future energy, energy efficiency and clean technologies. Major figures addressing the event included UN Secretary General Ban Ki-moon, Chinese Premier Wen Jiabao, South Korean Prime Minister Kim Hwang-sik and Nassir Abdulaziz Al-Nasser, president of the UN General Assembly.Ms. Barlow was joined at the summit by Mahdi Al Mazim, director of membership and documentation at the Dubai Chamber of Commerce, and Dawood A. Mohammed, the chamber’s senior executive for membership and documentation. Together they represented ATA Carnet issuing and guarantee associations in the 71 countries that belong to the system.

While in the United Arab Emirates, Ms. Barlow also paid a visit to the Dubai Chamber, meeting with local business leaders and the media. The Dubai Chamber and USCIB discussed ways of mutual cooperation in the promotion of the ATA Carnet system. For more on this meeting, click here.

Staff contact: Cynthia Duncan

World Future Energy Summit website

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United Arab Emirates to Expand ATA Carnet System to Abu Dhabi

Abu Dhabi Corniche
Abu Dhabi Corniche

New York, N.Y., September 28, 2011 – The United States Council for International Business (USCIB) is pleased to announce that Abu Dhabi will start accepting ATA Carnets for the temporary admission of goods, beginning October 1. Last April the Dubai Chamber of Commerce became the 69th guaranteeing association in the ATA Carnet guarantee chain. Dubai was the first of the United Arab Emirates to welcome merchandise traveling under Carnets.

Abu Dhabi, the UAE’s capital city, has developed rapidly in recent years. Its population now maintains a high per-capita income, which has transformed Abu Dhabi into a large and advanced metropolis. USCIB, which issues and guarantees ATA Carnets in the United States, said the expansion, coupled with the emirate’s strong buying power, provided an excellent opportunity for American businesses to sell their products.

“UAE is a leader in international trade in the region and it continues to demonstrate this as it expands acceptance of the ATA Carnet,” said Cynthia Duncan, USCIB’s senior vice president for Carnet operations. “With strong buying power and numerous trade shows in Abu Dhabi, the UAE’s acceptance of Carnets should be a gain for U.S. companies from all industries.”  Goods travelling on ATA Carnets for display at exhibitions, fairs, meetings or similar events will be able to enter this emirate through the Abu Dhabi International Airport and the seaport of Zayed, according to USCIB.

ATA Carnets are merchandise passports that permit the duty-free, tax-free export of goods.  In 2009, the most recent year for which worldwide figures are available over 150,000 Carnets were issued, covering goods worth more than $17 billion (U.S.).  Prior to Abu Dhabi’s acceptance, Bosnia & Herzegovina and Mexico were the latest territories to join the worldwide system, which is overseen by the International Chamber of Commerce (ICC) and the World Customs Organization.

The UAE was the largest U.S. export market in the entire Middle East and North Africa region in 2009, and the 19th largest globally, according to the U.S. Department of Commerce.  Transportation equipment, machinery, computers and electronics, and chemicals are the top U.S. exports to the country.  Since UAE joined the ATA Carnet system last April we have received significant demand for ATA Carnets for travel to Dubai and multiple requests for use in Abu Dhabi.

Exporters and business travelers interested in learning more about UAE’s acceptance of Carnets can visit the UAE page on USCIB’s ATA Carnet website, www.merchandisepassport.org/.

USCIB promotes open markets, competitiveness and innovation, sustainable development and corporate responsibility, supported by international engagement and prudent regulation.  Its members include top 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, including ICC, 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.

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ICC Unveils New Rules of Arbitration

Arbitration and ADR Rules

North American launch event next week in New York

New York, N.Y., September 14, 2011 – The International Chamber of Commerce (ICC) has launched a much-anticipated revised version of its Rules of arbitration, with the aim of better serving the existing and future needs of businesses and governments engaged in international commerce and investment, according to the United States Council for International Business (USCIB), ICC’s American national committee.

The new Rules, which will come into force on January 1, 2012, take into account current requirements and developments in arbitration practice and procedure, as well as developments in information technology, since they were last revised in 1998.  They will be the subject of a two-day conference next week in New York, organized by the ICC International Court of Arbitration and USCIB.

Additions to the Rules include provisions to address disputes involving multiple contracts and parties; updated case management procedures; the appointment of an emergency arbitrator to order urgent measures; and changes to facilitate the handling of disputes arising under investment treaties and free trade agreements.  Other amendments have also been made to ensure that the arbitral process is conducted in an expeditious and cost-effective manner.

In response to growing demand for a more holistic approach to dispute resolution techniques, the new Rules are published in a booklet that also includes the ICC ADR Rules, which provide for mediation and other forms of amicable dispute resolution.  Both sets of Rules define a structured, institutional framework intended to ensure transparency, efficiency and fairness in the dispute resolution process while allowing parties to exercise their choice over many aspects of procedure.

“It is one of the principal aims of the International Court of Arbitration to ensure that its Rules promote efficiency in the arbitral process and that they reflect current practice, consistent with the overriding objective of doing justice between the parties,” said John Beechey, chairman of the ICC International Court of Arbitration.  “To the extent that it was thought necessary to do so, new measures and procedures have been introduced, such that the 2012 Rules of Arbitration respond to today’s business needs while remaining faithful to the ethos, and retaining the essential features, of ICC Arbitration.”

A highly anticipated launch conference, to be held in New York on September 19 and 20, will provide participants with a comprehensive overview of the changes to the Rules and a valuable chance to have direct interaction with several drafting group experts.  Conference information and registration is available at www.iccnorthamerica.org.

“This conference will unveil and explain the changes made to the ICC Rules, and will be the first opportunity for practitioners to acquire a comprehensive overview of the changes made,” according to Josefa Sicard-Mirabal, director of the ICC International Court of Arbitration’s North American office in New York.  “Participants will have the rare opportunity to learn from practitioners who participated actively in the rules revision process in preparation for the entry into force of the new ICC Rules on January 1, 2012.”

An earlier sold-out launch conference took place in Paris on September 12.  Other launch events are scheduled for Hong Kong (October 10), Singapore (October 12), Dubai (October 31), and Miami (November 6).  The Miami event, which will bring arbitration experts, legal practitioners and business executives from throughout Latin America, is also being co-organized by the ICC International Court of Arbitration and USCIB.

The revision process began in 2008 and was undertaken by a small drafting committee of up to 20 members, supported by a wider task force of 202 members and a consultation process with ICC national committees around the world and the ICC Commission on Arbitration.

“A great many dispute resolution specialists and corporate users from different legal traditions, cultures and professions had an opportunity to comment on the drafts, make suggestions and record their views,” said Jason Fry, secretary general of the ICC International Court of Arbitration.  “With this revision of the rules we have tried, in particular, to listen to the users of international arbitration, whether they come from business or government.  Many of the new provisions in the rules have been shaped with their input.”

Peter Wolrich, chairman of the ICC Commission on Arbitration and managing partner with the French law firm Mallet-Prevost, Colt & Mosle, said: “The International Court of Arbitration is at the cutting edge of change, continuously working to promote greater efficiency through the innovative design of new tools and procedures. The new Rules meet the growing complexity of today’s business transactions, the needs surrounding disputes involving states, and the demand for greater speed and cost-efficiency.”

The Rules are available in several languages and are intended for use by parties in any part of the world in proceedings conducted in any language and subject to any rules of law.  To download a free copy of the ICC Rules of Arbitration, please visit www.iccwbo.org/ICCDRSRules.  To register for any of the upcoming launch conferences or training sessions, visit www.iccwbo.org/events.

ICC is not only a trusted provider of arbitration but also of other dispute resolution services. The launch of the new Rules coincides with the launch of the ICC International Center for ADR, previously informally known as the ICC “green services.”  The Center oversees ICC Amicable Dispute Resolution, Expertise, Dispute Boards and DOCDEX (Documentary Instruments Dispute Resolution Expertise), helping to secure settlements efficiently with minimal loss of time and resources.

About ICC

The International Chamber of Commerce is the largest, most representative business organization in the world. Its hundreds of thousands of member companies in over 120 countries have interests spanning every sector of private enterprise.  A world network of national committees keeps the ICC International Secretariat in Paris informed about national and regional business priorities. More than 2,000 experts drawn from ICC’s member companies feed their knowledge and experience into crafting the ICC stance on specific business issues.  The United Nations, the World Trade Organization, the G20 and many other intergovernmental bodies, both international and regional, are kept in touch with the views of international business through ICC.  For more information please visit www.iccwbo.org.

About USCIB

USCIB promotes open markets, competitiveness and innovation, sustainable development and corporate responsibility, supported by international engagement and prudent regulation.  Its members include top 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, including ICC, 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.

ICC International Court of Arbitration website

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Celebrating World Trade Week 2011 in New York

Award winner Shazy Visram, founder and CEO of HappyBaby Foods (center). USCIB’s Cynthia Duncan is at far right.
Award winner Shazy Visram, founder and CEO of HappyBaby Foods (center). USCIB’s Cynthia Duncan is at far right.

USCIB once again played a lead role in organizing World Trade Week celebrations in New York City, which took place last week.  Working under the theme of “Global Markets: Now More Than Ever,” New York-area international trade organizations put on a full week’s worth of exciting and informative activities highlighting the world of international trade in the New York Metro area.

The week kicked off with a gala reception at the International Trade Awards Breakfast on May 16, hosted by the Weissman Center for International Business at Baruch College.  Awards were presented to local companies HappyBaby Foods, TurboFil Packaging Machines, Gotham Sound and Communications, the Judge Organization, Signature Fencing, If You Care and Snohetta. The New York District Export Council and the World Trade Centers Association were also honored.

Jim Guzzi of Gotham Sound and Communications (left), a Carnet user and World Trade Week award winner.
Jim Guzzi of Gotham Sound and Communications (left), a Carnet user and World Trade Week award winner.

Cynthia Duncan, USCIB’s senior vice president for Carnet operations, was a member of the organizing team for World Trade Week NYC.

 

Staff contact: Cynthia Duncan

World Trade Week NYC website

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Mexico to Accept “Merchandise Passports” for Temporary Imports

Spanish | español

mexico_puzzleNew York, N.Y., May 12, 2011 – Business travelers to Mexico can soon take advantage of a new tool to expedite and reduce the cost of taking goods temporarily into the country. Starting May 16, the country begins accepting ATA Carnets, the “merchandise passports” honored in some 80 countries and customs territories, according to the United States Council for International Business (USCIB), which issues and guarantees the internationally recognized customs documents in the U.S.

Mexico will accept Carnets for professional equipment, demonstration samples and goods for trade shows. A single Carnet can be used to take goods to any accepting country for up to one year, duty-free and tax-free, so long as the goods are not sold and leave the country in the same condition in which they were brought in.  More information is available at www.merchandisepassport.org.

“For years, Carnet users have told us that the biggest gap in the system was Mexico,” said Cynthia Duncan, USCIB’s senior vice president for Carnet services. “Now, that gap has been filled. It should mean a big boost for business travel and sales in the country and throughout Latin America.”

Mexico is the United States’ second-largest export market and third-largest trading partner overall. Top U.S. exports to Mexico include electrical machinery, vehicles, auto parts, plastics, aircrafts and airplane parts.

Until recently, Mexico and other Latin American countries were outliers in the international Carnet system, which had its origins in Europe a half-century ago. But Chile’s decision a few years ago to accept Carnets, coupled with Mexico’s move, opens the region to this innovative and valuable service.

Worldwide, more than 160,000 Carnets are issued every year, accounting for hundreds of thousands of customs declarations and covering goods with a total value of over $20 billion (U.S.). The Carnet system is overseen by the International Chamber of Commerce (ICC) and the World Customs Organization.

Joining Mexico as the newest members of the ATA Carnet system are Bosnia and Herzegovina, which joined on April 18, and the United Arab Emirates, which began accepting Carnets on April 1.

USCIB promotes open markets, competitiveness and innovation, sustainable development and corporate responsibility, supported by international engagement and prudent regulation. Its members include top 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, including ICC, USCIB provides business views to policy makers and regulatory authorities worldwide, and works to facilitate international trade and investment. More at www.uscib.org.

Contact:
Cynthia Duncan, SVP Carnet Operations, USCIB
+1 212.703.5079 or cduncan@uscib.org

More on USCIB’s ATA Carnet Export Service

Spanish | español

México acepta el pasaporte para mercancías para importaciones temporales el 11 de mayo de 2011

English | ingles

mexico_puzzleNueva York, N.Y., el 11 de mayo de 2011 – Muy pronto, los viajeros de negocios a México podrán beneficiarse de un nuevo instrumento para agilizar y minimizar los costos de llevar mercancías al extranjero. A partir del 16 de mayo, México aceptará el Carnet ATA, el “pasaporte para mercancías” reconocido en 80 países y territorios aduaneros, de acuerdo al United States Council for International Business (USCIB), el cual emite y garantiza este documento aduanero internacionalmente aceptado.

México aceptará el uso de Carnets ATA para internar al país equipos profesionales, muestras comerciales y productos para ferias. Un mismo Carnet puede ser utilizado para llevar mercancías a cualquier país participante por hasta un año, sin pago de aranceles o impuestos. El único requisito es que las mercancías no se vendan y que salgan del país en el mismo estado en que fueron importadas. Para más detalles, visitar: www.merchandisepassport.org.

“Por años, los usuarios de Carnets ATA nos decían que el vacío más grande en el sistema era México,” dice Cynthia Duncan, vicepresidente principal para servicios de Carnets en el USCIB. “Ahora, se ha llenado esta ausencia. Debe considerarse como un gran estímulo para negocios en el país y en toda Latinoamérica.”

México es el segundo mercado más grande para productos de exportación y el tercer socio comercial de los Estados Unidos. Los artículos más exportados a México incluyen maquinaria eléctrica, vehículos, piezas para automóviles, materiales plásticos, aviones y piezas aeronáuticas.

Hasta hace poco, México y otros países latinoamericanos se encontraban en la periferia del sistema internacional del Carnet ATA, el cual se originó en Europa hace medio siglo. Sin embargo la decisión por parte de Chile de aceptar Carnets en 2005, junto con la reciente incorporación en México, abre la región latinoamericana a este innovador y valioso servicio.

En el mundo, cada año se emiten más de 160,000 Carnets, representando cientos de miles de declaraciones de aduanas y cubriendo mercancías por más de $20 mil millones de dólares. A nivel internacional, el sistema Carnet ATA es manejado por la Cámara de Comercio Internacional (CCI) y por la Organización Mundial de Aduanas.

Junto con México, otros nuevos países miembros del sistema Carnet ATA son Bosnia y Herzegovina a partir del 18 de abril y los Emiratos Árabes Unidos desde el 1ro de abril de este año.

El USCIB promueve el mercado libre, la competitividad y la innovación, el desarrollo sustentable y la responsabilidad corporativa, todos apoyados por el compromiso internacional y la reglamentación prudencial. Sus miembros incluyen a las principales empresas internacionales estadounidenses y compañías de servicios profesionales de cada sector de nuestra economía, con operaciones en todas las regiones del mundo. Con una red mundial única que comprende organizaciones líderes de comercio internacional, incluyendo la CCI, el USCIB comparte puntos de vista de negocios con quienes diseñan las políticas y con las autoridades reguladoras por todo el mundo, y se empeña en facilitar el comercio y la inversión internacional. Para más detalles, www.uscib.org

Contacte con:
Cynthia Duncan, SVP Carnet Operations, USCIB
+1 212 703.5079 o cduncan@uscib.org

Más en “ATA Carnet Export Service”

English | ingles

Bosnia and Herzegovina Join ATA Carnet

Mostar the second largest city in Bosnia and Herzegovina
Mostar the second largest city in Bosnia and Herzegovina

New York, N.Y., April 11, 2011 – Starting April 18th Bosnia and Herzegovina will begin accepting ATA Carnets for duty-free, tax-free temporary imports, according to the United States Council for International Business (USCIB), which administers and guarantees Carnets in the United States.

This is an important achievement for the International Chamber of Commerce (ICC) as Bosnia and Herzegovina featured among the top 10 priority target countries identified by the network of world ATA Carnet organizations.

ATA Carnets are merchandise passports that permit the duty-free, tax-free export of goods.  In 2009, the most recent year for which worldwide figures are available, over 150,000 Carnets were issued, covering goods worth more than $17 billion (U.S.).  Prior to the Bosnia’s decision, Moldova, Macao and UAE were the latest territories to join the worldwide system, which is overseen by the International Chamber of Commerce (ICC) and the World Customs Organization.

Bosnia and Herzegovina is a very significant importer of US medical equipment and agricultural machinery, as well as military apparel and footwear. “Bosnia’s decision to accept Carnets and become the 70th member further solidifies their use in southeastern Europe,” according to Cynthia Duncan, USCIB’s senior vice president for Carnet operations. “Among the nations of former Yugoslavia, only Kosovo remains outside the system.”

Exporters and business travelers interested in learning more about Bosnia and Herzegovina’s acceptance of Carnets can visit our Bosnia and Herzegovina page on our website.

Contact:

Cynthia Duncan, SVP Carnet Operations, USCIB

(212) 703-5079 or cduncan@uscib.org

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UAE to Further Boost Status as Trade Hub by Accepting ‘Merchandise Passports’

Dubai’s modern skyline.  The city plays host to some 200 trade shows each year.
Dubai’s modern skyline. The city plays host to some 200 trade shows each year.

New York, N.Y., April 11, 2011 – The U. S. Council for International Business (USCIB) begins issuing ATA Carnets
to UAE on April 12, making the federation the 69th country to join the worldwide system for duty-free, tax-free temporary imports. The USCIB administers, guarantees and issues Carnets in the United States.

The UAE will begin by accepting goods for trade shows and fairs, according to Cynthia Duncan, USCIB’s senior vice president for Carnet operations.  “It is an important step in linking UAE businesses to the wider global marketplace,” she said.  “With some 200 trade shows annually in Dubai, the UAE’s acceptance of Carnets should be a boon for U.S. companies from all industries.”

ATA Carnets are merchandise passports that permit the duty-free, tax-free export of goods.  In 2009, the most recent year for which worldwide figures are available, over 150,000 Carnets were issued, covering goods worth more than $17 billion (U.S.).  Prior to the UAE’s decision, Moldova and Macao were the latest territories to join the worldwide system, which is overseen by the International Chamber of Commerce (ICC) and the World Customs Organization.

USCIB said the announcement was made last month by the director general of the Dubai Chamber of Commerce, Hamad Buamim, and his counterpart from the UAE’s foreign trade ministry, Abdullah Al-Saleh.  The Dubai Chamber will assume responsibility for issuing and guaranteeing Carnets throughout the UAE.

The UAE was the largest U.S. export market in the entire Middle East and North Africa region in 2009, and the 19th largest globally, according to the U.S. Department of Commerce.  Transportation equipment, machinery, computers and electronics, and chemicals are the top U.S. exports to the country.  Ms. Duncan said she expected overall two-way trade to grow and diversify further in view of the decision to accept merchandise passports.

Exporters and business travelers interested in learning more about UAE’s acceptance of Carnets can visit our UAE page on our website.

Contact:

Cynthia Duncan, SVP Carnet Operations, USCIB

(212) 703-5079 or cduncan@uscib.org

More on USCIB’s ATA Carnet Export Service

Smashing Pumpkins: With the help of an ATA Carnet, Bob Carbo brings his passion for catapulting gourds to Belgium

Bob Carbo atop the Onager, his pumpkin catapult, at the European “punkin chunkin” championships in Belgium.
Bob Carbo atop the Onager, his pumpkin catapult, at the European “punkin chunkin” championships in Belgium.

The New York Philharmonic Orchestra, Tour de France bicycle racers, NBC Sports – even the rock band Smashing Pumpkins: all have used an ATA Carnet when shipping valuable equipment overseas. And so has Bob Carbo, who, as it happens, knows a thing or two about smashing pumpkins himself.

Carbo used a Carnet, a document that speeds equipment and other goods through customs, when he shipped his pumpkin catapult to a “punkin chunkin” contest in Belgium last summer. The organizers wanted an American team, and Carbo accepted the invitation because it was his first opportunity to show off his skills outside the United States.

Punkin chunkers, as they call themselves, use catapults to shoot pumpkins high and far, much as medieval armies built them as weapons for hurling projectiles over the walls of enemy forts and castle. Carbo started competing 15 years ago after reading a newspaper announcement about a  punkin chunkin contest. He went, he saw, and he was hooked.

He built his own catapult, using wood, steel and rope, modeled after an ancient Roman type that he discovered during his research. “It was very powerful, especially for its size, and somewhat portable,” Carbo explained.

“Several references to this catapult said it was a Mangonel [a type of catapult often used in medieval sieges], but it was often referred to as an ‘Onager,’ which means wild ass, because it reminded them of these animals which were known for their fierce kick, often causing stones to be hurled.  As soon as I read this, I knew this was what I would name my catapult.  Just too cool a name to turn down.”

Carbo, who when he’s not hurling pumpkins is a psychological services coordinator with the North Carolina Department of Corrections, uses the name Onager for himself in punkin chunkin competitions. He dresses for the events in full knightly regalia, complete with helmet and chain mail suit.   The 11-foot high catapult rests on a trailer that Carbo tows with his pick-up truck.

The highlight of the year for pumpkin hurlers is the World Punkin Chunkin Championship, held in Delaware each fall. Last year it drew 110 teams. Carbo placed third, with a personal best of 2,196 feet.

Not out of his gourd: Carbo dresses in medieval regalia when competing.
Not out of his gourd: Carbo dresses in medieval regalia when competing.

But getting the 3-ton machine to Europe presented a different kind of challenge. “I had never shipped anything like this before, so it was all new,” said Carbo, whose smart business decisions show that he’s definitely not out of his gourd.  He found a freight forwarder called Ship Overseas that booked Onager on a ship sailing from Baltimore to the port of Zeebrugge in Belgium.

Jack Friedman, president of Ship Overseas, suggested that he look into getting a Carnet. “I thought this was a good idea because it might help to get through Customs. We thought they might raise some questions because the catapult’s a medieval weapon,” Carbo laughed. “The other big thing was that we didn’t have to pay any taxes or duties.”

Carnets are merchandise passports that enable users to avoid extensive customs procedures, payment of duties and value-added taxes for the temporary importation of various types of goods. They normally cover products such as commercial samples, professional equipment, and goods for trade shows and exhibitions. They are also used for special items, such as precious works of art displayed in museum exhibitions, race horses, and satellites.

By using a Carnet, Carbo was able to avoid Belgium’s 10 percent customs duty and 19 percent value-added tax.

The tournament was held Sept. 5 in a small Belgian town called Bikschote. “They call it the European Punkin Chunkin Championship, but we were the only one of the 13 teams not from Belgium,” he said.

Team Carbo, consisting of Carbo, his wife, his brother, sister-in-law, and three other members, placed second. “We threw over 2,100 feet, which was enough to beat the previous record in Belgium, but then another team threw it more than 2,300 feet,” he said.

Carbo doesn’t have any plans for competing in other events outside the U.S., but says “I’d love to do it again. Maybe some other country will invite us.” And if it does, he plans to use a Carnet to help him get there.

“An international competition for catapulting pumpkins. Who’d a thunk it?” quipped Cynthia Duncan, who heads the Carnet service at the United States Council for International Business. The Council administers the carnet program in the United States in partnership with the International Chamber of Commerce and the World Customs Organization. Learn more about Carnets at www.merchandisepassport.org.

Carbo’s web site is www.onager.net. For information about this year’s World Punkin Chunkin Championship, go to www.punkinchunkin.com. It even has a countdown clock (down to the second) to the start of competition on Nov. 4.

Staff contact: Cynthia Duncan

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UAE Joins Worldwide Network for Duty-Free Imports

Dubai’s modern skyline.  The city plays host to some 200 trade shows each year.
Dubai’s modern skyline. The city plays host to some 200 trade shows each year.

New York, N.Y., January 13, 2011 – The United Arab Emirates (UAE) has confirmed that it expects to start accepting and issuing ATA Carnets early this year, making the federation the 69th country to join the worldwide system for duty-free, tax-free temporary imports, according to the United States Council for International Business (USCIB), which administers and guarantees Carnets in the United States.

The UAE will begin by accepting goods for trade shows and fairs, according to Cynthia Duncan, USCIB’s senior vice president for Carnet operations.  “It is an important step in linking UAE businesses to the wider global marketplace,” she said.  “With some 200 trade shows annually in Dubai, the UAE’s acceptance of Carnets should be a boon for U.S. companies from all industries.”

ATA Carnets are merchandise passports that permit the duty-free, tax-free export of goods.  In 2009, the most recent year for which worldwide figures are available, over 150,000 Carnets were issued, covering goods worth more than $17 billion (U.S.).  Prior to the UAE’s decision, Moldova and Macao were the latest territories to join the worldwide system, which is overseen by the International Chamber of Commerce (ICC) and the World Customs Organization.

USCIB said the announcement was made last month by the director general of the Dubai Chamber of Commerce, Hamad Buamim, and his counterpart from the UAE’s foreign trade ministry, Abdullah Al-Saleh.  The Dubai Chamber will assume responsibility for issuing and guaranteeing Carnets throughout the UAE.

The UAE was the largest U.S. export market in the entire Middle East and North Africa region in 2009, and the 19th largest globally, according to the U.S. Department of Commerce.  Transportation equipment, machinery, computers and electronics, and chemicals are the top U.S. exports to the country.  Ms. Duncan said she expected overall two-way trade to grow and diversify further in view of the decision to accept merchandise passports.

USCIB’s Duncan named vice chair of global Carnet administrative body

Separately, ICC announced that Ms. Duncan has been elected  deputy chair of the World ATA Carnet Council (WATAC), which oversees the worldwide operations of the ATA Carnet chain.  ICC said she would support WATAC’s chairman, Peter Bishop deputy chief executive of the London Chamber of Commerce, in coordinating the activities of the council and its administrative committee.  Mr. Bishop was re-elected WATAC’s chairman in June 2010 to complete a final three-year term.

Ms. Duncan has headed USCIB’s Carnet operations since 2000 and sits on the WATAC Executive Board.  She also serves on the steering committee of World Trade Week NYC and on the New York District Export Council.  She is a board member of the Organization of Women in International Trade/New York and previously served in a number of other capacities with USCIB, including as vice president for membership.

USCIB promotes open markets, competitiveness and innovation, sustainable development and corporate responsibility, supported by international engagement and prudent regulation.  Its members include top 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, including ICC, USCIB provides business views to policy makers and regulatory authorities worldwide, and works to facilitate international trade and investment.

Contact:

Cynthia Duncan, SVP Carnet Operations, USCIB
(212) 703-5079 or cduncan@uscib.org

More on USCIB’s ATA Carnet Export Service