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Madagascar joins ATA Carnet System in bid to boost foreign trade

Madagascar will adopt the ATA Carnet System next week in order to facilitate foreign trade and boost the country’s economic development. ATA Carnets, already used in more than 70 countries, will enable companies to move goods in or out of Madagascar for up to a year without paying duties or taxes.

Joining the ATA Carnet scheme is part of Madagascar’s drive for better access to world trade, notably through regional integration and the development of tourism. ATA Carnets will provide a practical tool to foster such integration.

Read the complete article published by the International Chamber of Commerce.

Questions about ATA Carnets or need assistance?
Pincvision can assist with this. Please contact us for more information.

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