Member Staff News, Summer 2008: Save Money When Sending Goods Abroad Temporarily

Cynthia Duncan
Cynthia Duncan

By Cynthia Duncan

USCIB Senior Vice President for Carnet Operations

Companies join USCIB to influence international commercial policy through our unique global business network, to gain valuable expertise on current topics in global commerce, and to influence the rules of the game for cross-border trade and investment.  But did you know that USCIB can also save you money when you send goods abroad temporarily?

How?  It’s called the ATA Carnet, and it’s one of USCIB’s exclusive trade services.  Many USCIB members already save thousands of dollars each year using it.

Known as “merchandise passports,” Carnets (pronounced “kar-nays”) are international customs documents that facilitate temporary imports into foreign countries, duty- and tax-free.  They are accepted in over 80 countries and customs territories, including all members of the European Union.  USCIB is the sole issuer and guarantor of ATA Carnets in the United States.

In the 1950s, before the EU began dismantling barriers to trade, a number of European countries started to experiment with temporary export certificates as a way to spur the development of trade shows and other opportunities to show merchandise to potential customers.  The idea caught on, and the following decade the World Customs Organization adopted the “Customs Convention on the ATA Carnet for the Temporary Admission of Goods.”  (The acronym ATA is a combination of the English and French words for “temporary admission.”)

Under this treaty, Carnets are issued and guaranteed by a national business group in each signatory country.  In 1968, the U.S. Treasury Department appointed USCIB to operate the ATA Carnet system in the United States.  The worldwide system is administered by the International Chamber of Commerce, part of USCIB’s global network, in cooperation with customs authorities around the world.

Companies utilize Carnets to ship goods abroad that will be returned to the U.S. within one year, and that are being sent for trade shows and exhibitions, as commercial samples or to be used as professional equipment.  There are numerous examples of goods that may be sent abroad under Carnet, including automobiles, audio-visual equipment,  computers, consumer goods, jewelry and art.  All that’s required is that the goods fit one of the above uses and be returned to their country of origin in the same condition they left.

As I write, a wide variety of items are traveling to China using Carnets for the Beijing Olympics.  Sailboats, kayaks, camera and sound equipment, even horses are all slated to enter China under Carnets for the Summer Games.

USCIB’s Carnet service has grown significantly in recent years as more and more companies recognize the value of this service.  With the help of our designated service providers, USCIB now issues some 16,000 Carnets annually.

USCIB members and non-members alike make use of Carnets.  Membership exempts your company from having to post a security deposit equal to 40 percent of the value of the goods being shipped.  Feel free to contact us if you would like to learn more about how your company can save money by using ATA Carnets.

Cynthia Duncan is USCIB’s Senior Vice President for Carnet Operations.  She can be reached at (212) 703-5079 or cduncan@uscib.org.  Learn more about ATA Carnets at www.merchandisepassport.org.

USCIB Member and Staff News

Appointments

USCIB’s Ronnie Goldberg with Jerry Zellhoefer of the AFL-CIO at the International Labor Conference.
USCIB’s Ronnie Goldberg with Jerry Zellhoefer of the AFL-CIO at the International Labor Conference.

Congratulations to Christopher R. Wall, a partner with Pillsbury Winthrop LLP who served on USCIB’s board, who was recently confirmed by the Senate as assistant secretary of Commerce for export administration. … John Buchanan, chairman of Smith & Nephew plc, is the new chairman of ICC United Kingdom, succeeding Paul Skinner, chairman of Rio Tinto. … USCIB Executive Vice President Ronnie Goldberg was re-elected to the International Labor Organization’s Governing Body at the most recent International Labor Conference in Geneva.

Awards

The Dominican Bar Association honored Josefa Sicard-Mirabal, director for North America with the ICC International Court of Arbitration, who works out of USCIB’s New York headquarters.  Josefa was recognized at a May 22 dinner in New York as being among a select group of Dominicans thriving in transnational law.

Passings

We mourn the death in May of Joan Licht Mantel, senior vice president for environmental support with General Electric and an active member of USCIB’s Environment Committee for many years. … We were equally saddened to learn of the passing in July of Demet Ariyak, secretary general of ICC Turkey.  “Demet was a wonderful ICC colleague and friend,” according to USCIB President Peter M. Robinson.  “Over the years, she always extended a reach of smiling compassion that made those around her feel so welcome in her circle.”

New Staffers

We welcome three new full-time staff members to USCIB’s New York headquarters.  Helen Medina (212-703-5047, hmedina@uscib.org) is USCIB’s new director of agriculture, health care, and biotechnology policy, succeeding Alix Heywood, who has resigned to raise her first child.  Helen was most recently assistant director for international affairs at the International Dairy Foods Association in Washington, D.C., and has worked for Consultants International Group in Washington, as well as the U.S. Consulate General in Florence, Italy.  She holds a master’s degree from the Johns Hopkins University School of Advanced International Studies.  Roya Bell (212-703-5063, rbell@uscib.org) has joined us as development associate, supporting USCIB’s communications, marketing and membership functions.  A graduate of the University of California at San Diego, Roya has prior experience with the Direct Marketing Association, Clear-Com and Visa International.  And Kristi Bang (212-703-5096, kbang@uscib.org) has joined USCIB’s ATA Carnet Department as an issuing representative.  A native of Korea who studied at Montclair State University, Kristi has several years’ experience in freight logistics.

Send your USCIB member news to news@uscib.org.

Ukraine to Accept Duty-Free Imports

3780_image002New York, N.Y., February 28, 2008 – Ukraine will become the latest country to join the ATA Carnet system, which permits the temporary importation of various types of goods without duties or taxes, as of March 1.  Known as “merchandise passports,” ATA Carnets are an increasingly important tool for businesses engaged in international commerce.

Coupled with the country’s recent agreement to accede to the World Trade Organization, Ukraine’s entry into the Carnet system is a strong signal that the country is committed to promoting economic growth and openness, and to becoming a major European hub for trade, according to the United States Council for International Business (USCIB), which administers the Carnet system in the United States.

“Extension of the Carnet network into the former Soviet bloc nations is a major priority for the worldwide system and particularly for our European counterparts ,” said Cynthia Duncan, USCIB’s senior vice president for Carnet operations. “This will increase access to the Ukrainian market and further meet the demands of U.S. exporters with an interest in the region.”

ATA Carnets are internationally recognized customs documents for temporary duty-free, tax-free import of commercial samples, professional equipment and goods displayed at trade shows.  They are essential for companies seeking to reduce costs and speed global operations.  (The acronym “ATA” is a combination of the French and English abbreviations for “temporary admission.”)

Ukraine will waive import duties on professional equipment, goods for exhibitions and fairs, and commercial samples. ATA Carnets will be accepted for transit operations and postal traffic, but not unaccompanied goods.  ATA Carnets will be guaranteed by the Ukrainian National Chamber of Commerce and Industry.

Carnets are honored in over 80 customs territories and can be used for multiple trips during a one-year period.  The global ATA Carnet system is overseen by the Paris-based International Chamber of Commerce.  USCIB administers the Carnet system in the United States, working with service providers Roanoke Trade Services, Inc., and the Corporation for International Business.

In 2007, over 155,000 Carnets were issued worldwide, covering goods valued at almost 12 billion dollars.  Before Ukraine, Pakistan was the most recent addition to the family of nations accepting ATA Carnets, having joined the system in October.

USCIB promotes an open system of world commerce.  As American affiliate of the leading international business and employers organizations, including ICC, it provides business views to policy makers and regulatory authorities worldwide.  USCIB facilitates international trade by issuing and guaranteeing ATA Carnets, by promoting international cooperation in such areas as customs policies and commercial dispute resolution, and through its ICC Books USA unit, which publishes a variety of publications on to 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

Ukranian Chamber of Commerce and Industry website

New Look for “Merchandise Passport” Service

ATA Carnets speed nearly $12 billion dollars in temporary exports worldwide each year

ata_logo083007New York, N.Y., February 8, 2008 – The service that issues and guarantees ATA Carnets – the “merchandise passports” that enable users to get product samples, professional equipment and other temporary exports through customs duty- and tax-free – has unveiled its new logo.

ATA Carnet is a trade service of the United States Council for International Business (USCIB), a private industry body that administers the Carnet system in the United States under charter from the U.S. government.  The new logo, part of an organization-wide re-branding campaign, is designed to clearly reflect the Carnet’s essential role as a passport for trade.

“ATA Carnets are, first and foremost, a practical business tool,” said Cynthia Duncan, USCIB’s senior vice president for Carnet operations.  “They save users time, money and the hassle of getting held up at customs.  We believe our ‘new look’ conveys the practical, no-nonsense approach our users take to global trade.”

Carnets are internationally recognized customs documents for temporary duty-free, tax-free import of commercial samples, professional equipment and goods displayed at trade shows.  Companies around the world use them to reduce costs and speed global operations.  (The acronym “ATA” is a combination of the French and English abbreviations for “temporary admission.”)

ATA Carnets are accepted in over 75 customs territories and can be used for multiple trips during a one-year period.  The global Carnet system , which is overseen by the Paris-based International Chamber of Commerce (ICC), is administered in the United States by USCIB, which issues Carnets out of its New York headquarters and through its two service providers, Roanoke Trade Services and the Corporation for International Business.

Over 155,000 carnets were issued worldwide in 2007, covering goods valued at almost $12 billion.  The worldwide Carnet network is growing, with Pakistan and Chile among the most recent additions to the system and Ukraine slated to join next month.  A country joins the Carnet system by ratifying either the Istanbul Convention or the ATA Convention on temporary imports, and by designating a private-sector body to issue and guarantee Carnets within its territory.

USCIB promotes an open system of world commerce.  As American affiliate of the leading international business and employers organizations, including ICC, it provides business views to policy makers and regulatory authorities worldwide.  USCIB facilitates international trade by issuing and guaranteeing ATA Carnets, by promoting international cooperation in such areas as customs policies and commercial dispute resolution, and through its ICC Books USA unit, which publishes a variety of publications on 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

Pakistan Waives Duties on Temporary Imports

Crossing a river in rural Pakistan: the country has crossed an important threshold in joining the ATA Carnet system.
Crossing a river in rural Pakistan: the country has crossed an important threshold in joining the ATA Carnet system.

New York, N.Y., October 2, 2007– Pakistan joined the ATA Carnet system as of October 1.  ATA Carnets, which permit the duty-free and tax-free imports of goods, are an increasingly important tool for businesses engaged in international commerce.

Pakistan’s entry into the system is a strong signal that the country is committed to promoting economic growth and openness, and it represents an opportunity for American business to further tap the South Asian market.

According to the United States Council for International Business (USCIB) which administers the Carnet system in the United States, Pakistan will waive import duties on professional equipment, goods for exhibitions and fairs, and imports for scientific, educational and cultural purposes.

“Pakistan has taken an important step to opening its doors to global business,” said Cynthia Duncan, USCIB’s vice president for Carnet operations. “This measure will enhance the transparency of Pakistan customs and enable greater control of the movement of goods.”

Pakistan-based representatives of the International Chamber of Commerce (ICC), which oversees the system at the global level, called the country’s entry  an important step toward market openness.

“ICC Pakistan advocates the ATA Carnet System as a trade facilitation measure,“ said Tariq Rangoonwala, chairman of ICC Pakistan. “This is a first step in multilateral trade facilitation in Pakistan.”

Often called “merchandise passports,” ATA Carnets are internationally recognized customs documents for temporary duty-free, tax-free import of commercial samples, professional equipment and goods displayed at trade shows.  Companies around the world use them to reduce costs and speed global operations.  (The acronym “ATA” is a combination of the French and English abbreviations for “temporary admission.”)

ATA Carnets will be guaranteed by the Pakistan National Chamber of Commerce and Industry.  The country does not plan to accept Carnets for commercial samples, postal traffic, goods for transit or unaccompanied goods.

Pakistan formally notified the World Customs Organization in June 2004 that it had ratified the Istanbul Convention of 1993, a single international instrument that combines all existing conventions on temporary importation.

Carnets are accepted in over 75 customs territories and can be used for multiple trips during a one-year period.  The global ATA Carnet system is overseen by the Paris-based International Chamber of Commerce.  USCIB administers the Carnet system in the United States, working with service providers Roanoke Trade Services, Inc., and the Corporation for International Business.

In 2006, over 150,000 carnets were issued worldwide, covering goods valued at almost 15 billion dollars.  Iran and Chile were the most recent countries to join before Pakistan, further opening up trade in Asia and Latin America.

USCIB promotes an open system of world commerce.  As American affiliate of the leading international business and employers organizations, including ICC, it provides business views to policy makers and regulatory authorities worldwide.  USCIB facilitates international trade by issuing and guaranteeing ATA Carnets, by promoting international cooperation in such areas as customs policies and commercial dispute resolution, and through its ICC Books USA unit, which publishes a variety of publications on to international trade and investment.

More on USCIB’s ATA Carnet Export Service

Pakistan National Chamber of Commerce and Industry website

Member Staff News

USCIB Members Turn Out for World Trade Week

As part of World Trade Week in New York, IBM’s George Pohle spoke about emerging growth strategies for foreign companies in China.
As part of World Trade Week in New York, IBM’s George Pohle spoke about emerging growth strategies for foreign companies in China.

May 21-25 was World Trade Week in cities around the country, an occasion for pro-trade groups like USCIB to marshal their resources in support of enhanced awareness of trade’s importance to America’s prosperity. We thank all the USCIB members and friends around the country who helped make the week’s events such a big success.

In New York, the theme was “Small Business Success in the Global Marketplace.” USCIB joined with several other groups in organizing an array of events, discussions and get-togethers. A kickoff award breakfast recognized New York companies that have scored major successes in overseas markets. In another event, USCIB Senior Vice President Cindy Duncan led a discussion of the ATA Carnet service for temporary exports

At a packed panel discussion of new tools for doing business in China, George Pohle of IBM’s Institute for Business Value gave an incisive presentation of new study on China’s new mass markets. Foreign companies, he said, must alter their business models and operations to tap China’s rapidly growing middle class.

Mr. Pohle noted that prosperity outside of major coastal cities, coupled with fierce competition, will drive more companies to develop innovative, low-cost business models to reach new markets and customers across diverse regions of China. Companies will need to transform key areas of their businesses – including sales channels, distribution, R&D, procurement and human resources – to capture this opportunity. Click here to access a copy of the IBM study.

Louise Kantrow
Louise Kantrow

New ICC Representative to the United Nations – We are delighted to welcome Louise Kantrow as the International Chamber of Commerce’s new permanent representative to the United Nations. In April, Ms. Kantrow succeeded William J. Stibravy, ICC’s longtime UN representative, who retired after more than a quarter-century representing business in the world body. Like him, she will be based in USCIB’s Midtown Manhattan offices.

Ms. Kantrow most recently served as executive director of the International League for Human Rights, one of the oldest human rights organizations in the world. She has also held senior positions in UN Association of the USA, the United Nations Population Fund and the Population Council, and worked for many years as economic affairs officer in the UN Department of Economic and Social Development.

In March, USCIB members and friends, along with a host of current and former UN official and delegates, joined in celebrating Mr. Stibravy’s years of service and record of accomplishment. “A lot of the credit for the UN’s more positive attitude toward business in recent years can go to Bill Stibravy,” noted USCIB President Peter M. Robinson.

L-R: USCIB Vice Chair Thomas Niles, ICC Finland Chair Markku Pohjola and Jorma Korhonen of Finland’s Ministry of Foreign Affairs.
L-R: USCIB Vice Chair Thomas Niles, ICC Finland Chair Markku Pohjola and Jorma Korhonen of Finland’s Ministry of Foreign Affairs.

More Comings and Goings – USCIB Vice Chair Thomas Niles paid a visit to Finland in April at the invitation of ICC Finland. Mr. Niles, the former assistant secretary of state for European affairs who served as U.S. ambassador to several countries, met with business and government leaders, as well as the press, to discuss the current state of transatlantic relations. … USCIB President Peter M. Robinson has joined the U.S. Trade Representative’s Trade and Environment Policy Advisory Committee, which provides expert advice to U.S. trade negotiators on environmental matters. … David Lewis has retired as vice president of government affairs with LENNOX International and stepped down as chair of USCIB’s Climate Change Working Group, a position he had for seven years.

USCIB Trustee Thomas Gottschalk has retired from his position as general counsel with GM, and taken a position with law firm Kirkland & Ellis. … Mark Beckett of Latham & Watkins is the new chair of USCIB’s Arbitration Committee on June 1, succeeding Louis Kimmelman of Allen & Overy.

Welcome New Members! – We are proud to welcome the following new USCIB members: General Mills, Inc., Kilpatrick & Lockhart Preston Gates Ellis LLP, Littler Mendelson, P.C., Scott & Scott LLP, Entertainment Software Association and the Managed Funds Association.

New Faces at USCIB Headquarters – A warm welcome to Lea Felluss, the new executive assistant supporting ICC’s liaison team in New York, which handles both commercial arbitration and outreach to the United Nations. Lea is a graduate of Berkeley College. … We are also pleased to welcome Alix Anfang as program assistant, supporting our Environment, Intellectual Property and Competition Committees among other areas. Alix is a graduate of Georgetown University. … Finally, Kirsten Robinson has joined us for the summer as receptionist and administrative assistant. Kirsten will be a junior at James Madison University in the fall.

Bahrain Set to Accept Merchandise Passports

4714_image002On June 1, Bahrain will begin accepting ATA Carnets, the international customs documents that allow goods to enter signatory countries and their territories tax- and duty-free for up to one year. The United States Council for International Business (USCIB) administers the Carnet system in the United States.

The United States has a strong trade relationship with Bahrain, which was cemented in 2006 with the signing of the U.S.-Bahrain Free Trade Agreement. “Though the FTA has nurtured the relationship between Bahrain and the United States, there is still room for additional growth, and the ATA Carnet will only encourage that growth,” according to Cynthia Duncan, USCIB’s senior vice president for trade services.

Though the FTA eliminated most customs duties between the two countries, it did not prevent the imposition of import taxes on U.S. goods entering Bahrain. As of June 1, the ATA Carnet will allow for both duty- and tax-free import and export for goods traveling on a temporary basis, from another ATA Carnet member country, for trade shows and exhibitions. Once orders are secured with the help of the ATA Carnet, these same exporters can then take advantage of the FTA incentives when the product is sent.

Since the signing of the U.S.-Bahrain FTA, bilateral trade has increased to more than $1.6 billion, as this agreement has allowed U.S. suppliers to be price-competitive in the region. Companies such as Harley-Davidson have eagerly taken advantage of new export opportunities under the FTA. The FTA has also created new opportunities for U.S. financial services, since Bahrain is a financial hub in the Middle East.

The two way trade of goods between the United States and Bahrain makes Bahrain one of our largest trading partners at $1.9 billion. The export of US goods in 2012 totaled $1.2 billion, giving the US a trade surplus with Bahrain of $508 million. “ATA Carnet implementation will only help continue to grow our trade relationship and specifically our exports to Bahrain,” said Duncan.

Staff Contact: Elizabeth Cafaro, USCIB

(212)703-5087 or ECafaro@USCIB.org

More on ATA Carnet

More on USCIB’s Trade Services

Airline Hotlines

Airline Hotlines

 

Airlines

Phone No.

Website

Air Canada

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Air France

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Air India

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Air New Zealand

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Austrian Airlines

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American Airlines

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Asiana Airlines

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British Airways

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China Airlines

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Continental Airlines

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Czech Airways

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Delta Airlines

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El Al Israel Airlines

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Finnair

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Japan Airline

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Korean Air

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National Airlines

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Northwest/KLM

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US Airways

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United Airlines

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Foreign Customs

Member Country

Website

Albania

http://www.dogana.gov.al/

Algeria

http://www.douane.gov.dz/

Andorra

http://www.duana.ad

Austria

http://www.bmf.gv.at

Australia

http://www.customs.gov.au

Bosnia & Herzegovina

http://www.uino.gov.ba/

Botswana

http://www.sars.gov.za/

Canada

http://www.ccra-adrc.gc.ca/agency

China

http://www.customs.gov.cn

Croatia

http://www.carina.hr

Czech Republic

http://www.cs.mfcr.cz

Denmark

http://www.toldskat.dk

Estonia

http://www.customs.ee

European Union

http://ec.europa.eu/index_en.htm

France

http://www.douane.gouv.fr/

Finland

http://www.tulli.fi

Germany

http://www.nav.gov.hu/

Hong Kong

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Hungary

http://www.nav.gov.hu/

Iceland

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Korea

http://www.customs.go.kr

India

http://www.cbec.gov.in

Ireland

http://www.revenue.ie

Israel

http://taxes.gov.il/Pages/HomePage.aspx

Italy

http://www.agenziadogane.it/wps/wcm/connect/Internet/ed/spage/

Japan

http://www.customs.go.jp/index_e.htm

Jersey

http://www.hmrc.gov.uk/index.htm

Latvia

http://www.vid.gov.lv

Lebanon

http://www.customs.gov.lb/customs/index.htm

Lithuania

http://www.cust.lt/eng

Luxembourg

http://www.etat.lu

Macao

http://www.customs.gov.mo/en/index1.htm

Madagascar

http://www.douanes.gov.mg/

Malaysia

http://www.customs.gov.my

Malta

http://finance.gov.mt/page.aspx?site=CUST&page=default

Mauritius

http://www.mcci.org/

Mexico

http://tinyurl.com/3v9xpu4

Moldova

http://www.customs.gov.md/

Montenegro

http://www.gov.me/naslovna

Morocco

http://www.douane.gov.ma

Netherlands

http://www.belastingdienst.nl

New Zealand

http://www.customs.govt.nz

Norway

http://www.toll.no

Poland

http://www.mf.gov.pl/ministerstwo-finansow

Portugal

http://www.dgaiec.min-financas.pt/pt

Romania

Http://www.customs.ro

Russia

http://www.customs.ru

Singapore

http://www.customs.gov.sg/topNav/hom/

Slovakia

http://www.colnasprava.sk/cssr/www/cssrhomepage.nsf

Slovenia

http://www.carina.gov.si/en/

South Africa

http://www.sars.gov.za

Spain

http://www.aeat.es

Sril Lanka

http://www.customs.gov.lk

Sweden

http://www.tullverket.se/en

Switzerland

http://www.zoll.admin.ch

Thailand

http://www.thaichamber.org/

Turkey

http://www.gumrukticaret.gov.tr/

UAE

http://tinyurl.com/6hf3vcg

United Kingdom

http://www.hmce.gov.uk

USA

http://www.cbp.gov

World Trade Week Seminar

wtw_banner copy.jpg

 

Managing Your Trade Risk in Today’s Global Economy

May 18, 2010

Learn from Roanoke Trade Services, HSBC Bank, and U.S. Council for International Business strategies to avoid negative financial effects of trade risk. 

The United States Council for International Business invites you to join us for World Trade Week. World Trade Week NYC celebrates the transforming and vital impact that trade has on the New York economy.

Tuesday, May 18th: Managing your Trade Risk in Today’s Global Economy, 9:15 a.m. to 11:30 a.m. U.S. Council for International Business is pleased to host a team of experts to discuss risk management tools. As we begin to emerge from the economic downturn, the need for risk mitigation remains necessary to your importing and exporting profitability. While risk may be defined differently from company to company risk management is key to your successful import and export strategies.

Roanoke Trade Services: Regional Vice President, Dennis Gates will explain the different insurance products to facilitate and protect your international business transactions.

HSBC Bank USA: Vice President and Senior Regional Trade Manager, Andrea Ratay will discuss the outlook for global trade based on the Trade Confidence Index, ways to identify and define diversification, and trade payment solutions.

USCIB: Manager, Carnet Development, Amanda Barlow who will talk about how the merchandise passport can avoid costly duties, taxes and foreign currency fluctuations when making temporary entries for trade shows, client visits and/or product demonstrations.

Seating is limited and advance registration is required by Monday May 17th.  If you have any questions about the event please contact Ashlee Temple by phone 212.703.5067 or email atemple@uscib.org.

Seminar Location: Tuesday May 18th, 2010

USCIB 1212 Avenue of the Americas (at 48th St.), New York City 21st floor
Breakfast begins at 9:15. Session starts at 9:30 and concludes by 11:30 a.m.
For building security, please bring photo ID.

Glossary of Carnet Terms

Departing the US | Entering a Country | Departing a Country | Re-Entering the US
Transiting a Country | Upon Return | Glossary | Sample Carnet | CBP Customs Directive

 

Terms, Definitions, and Abbreviations

Carnet Service Provider (SP): An organization authorized to issue Carnets under the direction of the Guaranteeing Association.

Certificates: The top section of the certificate is the counterfoil and the bottom section is the voucher. Certificates are issued in sets of two.  A yellow set for leaving or re-entering the U.S., a white set for entering or exiting a foreign country, and a blue (transit) set for passing through or stopping over in one country in order to enter another.

Claim: A notice from an importing customs authority that a violation of the Carnet system has occurred.

CS (Commercial Sample): Item for displaying or demonstrating to solicit orders.

Counterfoil: The top section of a certificate.  See certificates above.

Duties: Customs duties and all other taxes and charges payable from an ATA Carnet importation.

EF (Exhibition and Fair): Trade, industrial, agricultural or crafts exhibition, fair or similar show or display; exhibition organized for a charitable purpose or to promote learning, art, craft, sport, scientific or cultural activity, to promote friendship between peoples, religious knowledge or worship. Does not include exhibits for private purposes in shops or premises with a view to selling.

Expiration Date: The date for re-exportation given by the USCIB at the time the Carnet is issued. All merchandise must leave the country of importation before midnight on that date.

Final Date for Re-exportation: USCIB will set an expiration date at the time your Carnet is issued. However, a foreign Customs authority has the right to restrict any shipment and require that the goods leave prior to the date granted by USCIB. If a customs authority limits your stay, this will be noted on the importation counterfoil at the time of entry.

Guaranteeing Association: The organization set up in every Carnet country  to guarantee to customs authorities that all import duties, taxes, and penalties will be paid for any claim issued against a Carnet that was not properly utilized. The U.S. Treasury has authorized USCIB to be the Guaranteeing Association for all Carnets that originate in or enter the United States.

Holder: A corporation or individual on whose behalf the Carnet has been issued. A Holder must have a beneficial interest in the merchandise being exported; therefore, a customs broker or freight forwarder cannot be listed as a Holder of a Carnet even when acting in their professional capacity on behalf of a third party.

PE (Professional Equipment): Equipment for the press or television broadcasting; cinematographic equipment; equipment for testing or repair of machinery; other equipment for the exercise of a calling, tools of the trade.

Penalty: In addition to duty, a charge levied by a foreign customs authority against a Carnet which has not been utilized in conformance with all conditions of the Carnet system.

Premium: A non-refundable fee paid by a Holder to secure a surety bond..

Refundable Claim Deposit:  A flat fee of $250, to be used as security, applicable to only Federal, state, and local government agencies.

Security Deposit: Cash, surety bond, Refundable Claim Deposit, or Written Agreement deposited with USCIB to indemnify USCIB as a result of USCIB’s payment on behalf of a Carnet holder.

Surety Bond:  One form of security deposit, where the Holder pays a premium to secure the bond, which can be obtained from any of the 200 companies authorized by the US Treasury Department and admitted in New York State.

USCIB: United States Council for International Business

Voucher: The bottom section of a certificate.  See certificates above.

Written Agreement: A form of security available only to USCIB members.