Discussions held to develop equivalent of International Road Transport system for ports and free zones
Momentum Logistics, the logistics division of Gulftainer, recently held high-level discussions with the Automobile and Touring Club of the UAE (ATCUAE) to explore solutions for streamlining the movement of goods between ports and free zones in the UAE.
Held at Gulftainer offices in Sharjah, the meeting drew the participation of Bubindren Sampath Kumar, Head of International Road Transport (TIR) and IRU Academy at ATCUAE, and Priyan John Bosco, Chief Operations Manager at ATCUAE. Iain Rawlinson, Group Commercial Director, attended the meeting on behalf of Gulftainer, while Martin Roberts, Transport Manager, Surendar Sridharan, Customer Service Executive, and Francis Delin, Planner, represented Momentum.
The TIR system is a globally applicable international customs transit and guarantee scheme that enables the shipping of goods from the country of origin through transit countries to the country of destination in sealed load compartments that are controlled by customs via a multilateral, mutually recognised system. It is the easiest, safest and most reliable way to move goods across multiple international borders.
Momentum and ATCUAE discussed the prospect of introducing a system equivalent to the TIR Carnet for the UAE’s ports and free zones with the objective of facilitating trade processes. The move would enable companies to transport bonded cargo between national ports and free zones without the imposition of a customs duties security deposit, helping accelerate the movement of goods, as well as reduce the administrative and financial burden on each stakeholder.
“With more than 45 free zones and counting, the expansion of the TIR system would facilitate trade and enable the UAE to enhance its ease of doing business ranking. We are proud to partner with Momentum as a leader in moving goods between ports, free zones and beyond,” noted Kumar.
“The TIR Carnet has had a transformative effect on trade efficiencies between the UAE and the rest of the GCC region. Momentum is proud to join forces with ATCUAE in paving the way for significant enhancements within the local trade sector,” remarked Rawlinson.
