Customs Authority to launch One Stop Shop in 2 years

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Wed, 16 Aug 2017 - 01:10 GMT

BY

Wed, 16 Aug 2017 - 01:10 GMT

 Shipping Containers- Creative Commons via Wikimedia

Shipping Containers- Creative Commons via Wikimedia

CAIRO – 16 August 2017: The Egyptian Customs Authority will incorporate the One Stop Shop system in all Egyptian ports in 2 years, head of the authority’s technical office Ahmed Shehata said Wednesday.

Around 60 percent of maritime ports and airports in Egypt adopted electronic tools, including X-ray devices to inspect products, Shehata said in a statement.

The Customs Authority collected LE 25.6 billion ($1.41 billion) in revenues from the beginning of 2017 through May and expects to collect 95 percent of its target for the year, head of the authority Magdy Abdel Aziz said in June.

In June, the Ministry of Industry issued decree to amend Law no. 118, 1975 and to tighten monitoring measures of import and export.

The amendments target to facilitate and ease procedures for importers and exporters and to remove obstacles facing the trade sector.

Under the amendments, the ministry would implement the electronic linkage between relevant authorities, cut the number of needed documents and ensure their effectiveness to reduce the trade cost.

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