News

FICCI's ATA Carnet workshop organised in Mumbai

Says ATA Carnet can boost India's International trade

diamond world news service

In the recent FICCI ( Federation of Indian Chambers of Commerce & Industry) workshop focused on promoting the benefits of ATA Carnet, Mr. P.S. Pruthi, Commissioner of Customs & Export Promotion, Ministry of Finance, New Delhi, encouraged an increase in ATA Carnet membership saying, “Increased use of ATA carnet and more number of countries in addition to the current 68 joining the ATA carnet chain would boost India’s international trade. Increased use ATA carnet would also make temporary export/import of goods between international borders hassle free”. The workshop was organised in Mumbai and saw a large participation from the gems and jewellery company representative from SEEPZ, Mumbai.

As Mr. Nirankar Saxena, Director, FICCI stated, FICCI is the sole National Issuing and Guaranteeing Association for ATA Carnets in India and receives only 500 applications every year, while in some European nations close to 10,000 applications are received. Macau is the latest Country to join the ATA Carnet chain.

At the workshop, Mr. S.R. Vichare, Dy. Commissioner of Customs, Mumbai and Mr. D.K. Vohra, Superintendent, Customs, Mumbai assured cooperation to the industry in resolving ATA carnet related issues.


Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet

Gemfields' November 2024 Emerald Auction Yields $16.1 Million Amid Market Challenges

NDC and Jos Alukkas Unite to Elevate the Natural Diamond Market

GIA Board of Governors Welcomes Lisa Bridge and Dr. Wendy Bohrson as New Members

Marie Antoinette’s Historic Diamond Necklace Fetches $4.8 Million at Auction

Princess Margaret's Sapphire and Emerald Ring to Be Auctioned