Egypt to launch 1st phase of customs facilitation measures
Deputy Minister of Finance and Supervisor of the Customs Authority Sherif El-Kilany announced this on behalf of Kouchouk during the World Customs Day celebration.
The initiative is part of Egypt’s broader strategy to encourage economic activity by adopting global best practices, reducing customs clearance times, and lowering production and export costs.
In a previous announcement in January, Minister of Investment and External Trade Hassan ElKhatib revealed that Egypt aims to cut customs clearance times, targeting savings of $284 million.
Meanwhile, Kouchouk emphasized that the government is focused on enhancing the efficiency of the customs system as part of fiscal policies designed to stimulate growth and improve competitiveness.