Dubai Chamber of Commerce supports the success of the events and exhibitions industry through the facilitation of ATA Carnets
- A total of 1,118 ATA Carnets were issued and received during the first two months of 2024 for goods with a value of AED 695 million.
- Mohammad Ali Rashed Lootah:
“ATA Carnets enhance Dubai’s economic flexibility and boost the growth of various business sectors, especially in terms of simplifying customs procedures for the transport of goods and commodities to be used in exhibitions and shows.”
“We are committed to facilitating the movement of goods and commodities to enhance the competitiveness of the emirate and its business environment.”
- ATA Carnets play an important role in the smooth organisation of international events by enabling the duty-free and tax-free temporary import of goods for up to one year.
- The implementation of the ATA Carnet system is a collaboration between Dubai Chamber of Commerce, Dubai Customs, the Federal Customs Authority, and chambers of commerce across the UAE.
Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that record growth was achieved in the value of goods and commodities imported under ATA Carnets during 2023. A total of 5,492 ATA Carnets were issued and received for goods and commodities worth AED 5 billion, representing a remarkable year-over-year growth of 47% in value.
This record value reflects strong growth within Dubai’s exhibitions, events, and conferences sector, to which ATA Carnets are closely linked, and underlines the city’s growing status and reputation as a leading global destination for business and events.
Data from this year indicates that 1,118 ATA Carnets were issued and received for goods with a value of AED 695 million during January and February alone, highlighting continuing positive momentum within the events and exhibitions sector in the emirate.
ATA Carnets are an effective tool in the attraction and organisation of international events and play a vital role by facilitating the duty-free and tax-free temporary importation of goods for up to one year. This contributes significantly to enhancing the smooth movement and transportation of goods and equipment for exhibitions, shows, and other events.
His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, stated that ATA Carnets enhance Dubai’s economic flexibility and boost the growth of various business sectors, especially in terms of simplifying customs procedures for the transport of goods and commodities to be used in exhibitions and shows. The ATA Carnet system has emerged as a key driver in positioning Dubai as a global hub for promotional exhibitions, events, and conferences.
His Excellency added: “Dubai Chamber of Commerce is the guarantor for the implementation of the ATA Carnet system in the UAE, with impactful collaboration between the chamber and its partners in Dubai Customs, the Federal Customs Authority, and chambers of commerce across the UAE. We are committed to facilitating the movement of goods and commodities to enhance the competitiveness of the emirate and its business environment.”