ATA Carnets to Brazil Reinstated

We’re thrilled to share a significant milestone in the world of international trade and temporary goods movement. Starting April 30, 2024, Peru will officially adopt the ATA Carnet system, becoming the 80th country to facilitate smoother, duty-free exchange of goods for up to one year. This development positions Peru as the third Latin American nation, following Chile and Mexico, to embrace this innovative customs solution. The ATA Carnet, often dubbed the “passport for goods,” is a crucial instrument for businesses engaged in international trade, especially those involved in exhibitions, fairs, and similar events. It allows for the temporary import and […]

In an era where digital transformation is not just a buzzword but a necessity, Roanoke, in collaboration with Rock-it Global, has taken a monumental step forward. We are thrilled to announce our participation in the issuance of the first electronic ATA Carnet, also known as the e-ATA Carnet. This groundbreaking achievement, conducted in partnership with the United States Council for International Business (USCIB) and Rock-it Global, marks a significant milestone in the evolution of international trade and logistics. The e-ATA Carnet represents the digital future of international trade facilitation. As a digital alternative to the traditional paper carnet, it simplifies […]

By: Kelli Milianti, ATA Carnet Manager, Roanoke Insurance Group Inc. When shipping goods for temporary importation and re-exportation, businesses must select a form of security to meet customs requirements. Most often the cargo owner faces the choice between using an ATA Carnet with a carnet bond or a Temporary Import Bond (TIB). Each option has its advantages, but the ATA Carnet generally offers more streamlined benefits for international trade. Benefits of an ATA Carnet 1. Cost Savings: ATA Carnets eliminate duties and value-added taxes (VAT) when goods are re-exported within the validity period, reducing financial burdens[1][2][3]. 2. Simplified Customs Procedures: […]