Doha, – Qatar Chamber for Commerce and Industry (QCCI) has submitted an initiative aimed at unifying Certificates of Origin (CO)s issued in the Gulf Cooperation Council (GCC) member states and adopting an official form of COs approved by the International Chamber of Commerce (ICC).

This came during QCCI’s participation in the ongoing meetings on the application of the Electronic Certificate of Origin and the ATA Carnet organized by the World Chambers Federation (WCF) in cooperation with the Greek Chamber of Commerce and hosted by Athens.

According to a press release issued Wednesday by QCCI, the importance of the initiative, once approved, is to facilitate trade between the State of Qatar and the GCC member states on one hand and with the European countries on the other hand.

All GCC member states, foremost of which is Qatar, will join the certificates of origin approved by international institutions, added the release.

Director-General of Qatar Chamber (QC) Saleh bin Hamad Al Sharqi said a joint GCC Committee has been set up to prepare a unified certificate of origin for the GCC member states ,noting that Qatar Chamber is a member of this committee.

Following the approval of the unified certificates of origin, it will be circulated to all GCC member states before acceding to European certificates of origin, he explained.

In press statements, Al Sharqi said Tomorrow’s Meetings will discuss the theme of the ATA Carnet, which allows temporary entry of goods, duty-free and tax-free.

QC Director-General added that he will provide during the event an explanation on the final stages of the implementation of this system in the State of Qatar.

In this context, Al Sharqi pointed to the joint committee between the Chamber and the concerned authorities, which reviews this system, expecting that it will be approved and implemented before the end of 2017 after taking the necessary formal approvals.

The implementation of the ATA Carnet will facilitate the procedures to temporarily import goods into 74 countries worldwide through a single customs document without fees, which will reflect positively on the movement of entry and exit of goods for display in exhibitions and conferences, he said, adding that this would activate the business tourism sector in light of the boom witnessed by Qatar in the field of events organization.

Qatar Chamber has already announced that it is the national guarantor for the implementation of the system in Qatar as part of its responsibility to serve the Qatari business community. (QNA)

Source: Qatar News Agency