Investment min: Faster customs clearance key to improving business climate, economic competitiveness ...Egypt

EGYPT INDEPENDENT - Economy

Minister of Investment and Foreign Trade Mohamed Farid said that reducing customs clearance times is a top priority in efforts to improve Egypt’s business environment and strengthen the competitiveness of the economy.

The minister made his remarks during an inspection visit to Dekheila Port in Alexandria on the second day of his field tour of the governorate.

    Farid said regular on-site monitoring of the ministry’s affiliated bodies aims to ensure better services for investors and businesses, speed up shipment clearance procedures, and help maintain the availability of goods and market stability.

    For his part, Alexandria Governor Ahmed Atteya noted that continued coordination among all parties operating at the ports helps ensure smooth movement of goods and improves the quality of services.

    Meanwhile, Chairman of the General Organization for Export and Import Control (GOEIC) Essam al-Naggar said the authority is continuing to upgrade its laboratories, which provide more than 4,000 accredited tests, helping speed up inspection and shipment release procedures.

    Investment min: Faster customs clearance key to improving business climate, economic competitiveness Egypt Independent.

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