A new system for streamlining the Foreign Trade
Head of the customs authority Galal abul Fetouh said that his target is on streamlining foreign trade provided it does not obstruct national security. He said a number of steps have taken place to mo...
Head of the customs authority Galal abul Fetouh said that his target is on streamlining foreign trade provided it does not obstruct national security. He said a number of steps have taken place to modernize the customs authority including the addition of the risk department, post auditing services and computerization. In a meeting with members of the industrial engineering department, Mr.Abul Fotouh has explained that the customs authority plans to boost confidence building among importers, exporters and the tax authority. Steps are underway to build three pivotal zones throughout the nation to include a number of governorates, strategic planning and technical initiatives to speed up the work process, minimize human error and introduce decentralization. Mr. Galal abul Fetouh said that customs tariffs have been reduced and steps have been taken to reduce procedures for the release of goods at terminals to two days instead of one month .He called on manufactures to collaborate in combating evasions and the manipulation of receipts pointing to firm monitoring on junk exports. He said monitoring counters is strictly adhered to in all terminals. Mr. Abul Fetouh said that deformed customs rules which have been exposed by manufacturers and are being handled through the Ministry of Trade and Industry. (Source: El-Gomhuriya)

