Egypt waives customs duties on EU-imported cars

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Wed, 02 Jan 2019 - 01:12 GMT

FIle photo: Trucks carrying cars - Wikimedia Commons/Transport Auto

FIle photo: Trucks carrying cars - Wikimedia Commons/Transport Auto

CAIRO - 2 January 2019: The customs authority said on Tuesday that custom duties on EU-imported cars have been waived in accordance with an approved schedule of Egypt-EU partnership agreement.

The discount on some industrial products has been increased to 90 percent, up from 80 percent, in line with a free trade deal between Egypt and the European Free Trade Association (EFTA) countries, a source at the customs authority said.

The source added that discount on some products included in the Egypt-Turkey Free Trade Agreement will also surge to 90 percent, compared to 80 percent before.

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