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Head of the customs authority: reviewing means to cut customs tariffs to 5%


The Ministry of Finance is reviewing means to cut customs tariffs to 5% from 9%.  Head of the customs authority Galal Aboul Fetouh said the move is an attempt to synchronize the tariff rate with in...

  The Ministry of Finance is reviewing means to cut customs tariffs to 5% from 9%.  Head of the customs authority Galal Aboul Fetouh said the move is an attempt to synchronize the tariff rate with international standards.  The statement has been made in a meeting with the budget and planning committee of  the People’s Assembly during an inspection tour of the customs depot in Alexandria. On the other hand, the governor of Alexandria also said that work is underway to expand the desert gateway which lead into the Mediterranean city. (source: Al-Ahram)  

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Head of the customs authority: reviewing means to cut customs tariffs to 5%