Egypt: Trial period of pre-registration system for shipments in airports extended to end of December

Egypt: Trial period of pre-registration system for shipments in airports extended to end of December

Egypt - Minister of Finance Mohamed Maait said in a statement on Tuesday that in response to the business community’s demands the trial period for the pre-registration of the Advanced Cargo Information System (ACI) in airports has been extended to the end of December.

He added that the system’s mandatory implementation will begin on 1 January 2023, instead of 1 October 2022.

Furthermore, Maait said that this decision aims to give importers, customs brokers, air freight agents, companies exporting to Egypt, and international multinational companies additional time to reconcile their affairs, register on the new system, and train on how to use it.

This would help in facilitating and mechanising procedures and expanding the prior customs release of goods before they reach ports, thus reducing the cost of goods and services and banning the entry of low-quality goods into the market.

Maait pointed out that the ministry is keen on providing a longer period of time for all foreign companies and exporters to complete their preparations to deal with the new system, especially in light of the continued impact of the coronavirus pandemic and the war in Europe on global supply and supply chains and the intensification of the inflationary wave.

With that, the ministry