Apply international standards for imported goods and reduce customs release time to reduce import costs and commodity prices

cairo – business hub

Dr. Mohamed Maait, Minister of Finance, confirmed, That international standards will be applied to goods imported from abroad, and maximizing efforts to reduce customs release time through the application of the “ACI” system of advance registration of shipments at sea and air ports, In a way that contributes to stimulating trade and encouraging Egyptian exports, reduce the cost of import and export process, And then reduce the prices of goods and services in local markets.

He explained, “We succeeded with the business community in implementing the ACI system for marine shipments. More than 32,000 companies joined it. And 83,000 foreign exporters registered electronic accounts on the CargoX platform. And that this success prompted us to start the trial operation in the air ports in mid-May 2022, And the mandatory application on the first of October 2022 “directed to provide all facilities for importers and air freight agents to join the “ACI” system through the electronic portal of the “Nafeza” platform: www.nafeza.gov.eg