Egypt to complete linking all sea, air, land ports electronically by end of June

Egypt to complete linking all sea, air, land ports electronically by end of June

FILE PHOTO: Egypt's Finance Minister Mohamed Maait gestures during a news conference in Cairo, Egypt July 17, 2019. REUTERS/Amr Abdallah Dalsh/File Photo







CAIRO – 13 January 2021: Linking all land, sea and air ports with an electronic platform through the customs single window system will be completed by the end of next June, according to Minister of Finance Mohamed Maait.

 

Maait assured in a statement, Wednesday, that the linkage will simplify procedures, facilitate internal and external trade movement, and improve Egypt's ranking in three important international indicators: “global competitiveness, doing business, and the macroeconomic environment”, which help in stimulating the investment climate, maximizing productive capacities, and expanding the export base.

 

He added that the new customs law is an unprecedented legislative move that allows goods to be tracked until the final release stage, and customs dealing with goods contracted with the modern e-commerce system, with the possibility of pre-clearance and payment of customs