KSA, Egypt to curb customs’ violations
gyptian Chairman of Customs Authority Abdel Aziz said in a press conference that Saudi Arabia and Egypt signed an agreement to fight against customs’ violation.
The agreement, which was signed on Egypt’s behalf by the Customs Authority affiliated to the Ministry of Finance, is applicable for three years. It is expected the agreement will facilitate the growing commerce cycle between both countries.
“We are waiting for the parliament’s approval in order to apply the agreement,” said Abdel Aziz. The agreement fights customs’ violations which negatively affect political, financial and social interests for both countries. Saudi Arabia is Egypt’s foremost commercial partner amongst Arab countries.
A customs committee will be arranged, under the presidency of the Egyptian Chairman of the Customs Authority and Saleh Ben Manie Al Kheleui, the General Director of the Saudi customs. It will face any obstacles that might delay the agreement`s application, according to Abdel Aziz.