USCIB Senior Vice President and CFO Declan Daly, who oversees USCIB’s ATA Carnet department, attended the meetings.

WATAC discussed and reviewed the operation and administration of the ATA Carnet System in member countries with the aim of spreading awareness about ATA Carnet among Indian exports and Indian customs.

Meetings of the World ATA Carnet Council (WATAC), were held in Jaipur, India on November 15-16 at Hotel Jai Mahal Palace and SMS Convention Centre respectively. USCIB Senior Vice President and CFO Declan Daly, who oversees USCIB’s ATA Carnet department, attended the meetings. WATAC discussed and reviewed the operation and administration of the ATA Carnet System in member countries with the aim of spreading awareness about ATA Carnet among Indian exports and Indian customs.

“Being that this was my first WATAC meeting, it was a great opportunity to meet member colleagues from all around the world,” said Daly.

The meeting was jointly organized by WATAC, which is part of the International Chamber of Commerce, and the Federation of Indian Chambers of Commerce and Industry under the aegis of the Central Board of Indirect Taxes and Customs (CBIC), which is part of India’s ministry of finance.

The ATA Carnet is the global gold standard for temporary admissions under the auspices of the World Customs Organization. ATA Carnets are international tools of trade facilitation, which serve as a temporary export-import documentation. The ATA System is in place in 87 countries and territories, and provides duty-free and tax-free imports on goods that will be re-exported within 12 months.