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Egypt Establishes Committee to Combat Customs Evasion and Support Local Industry Development

  • Egypt forms a mini committee to address customs evasion and support local industry.
  • The committee aims to curb customs evasion while protecting domestic manufacturers and improving market integrity.
  • The committee includes representatives from various ministries and organizations.
  • Minister Kamel Al-Wazir highlighted infrastructure challenges in the Abu Rawash Industrial Zone.
  • Urgent cooperation is needed to upgrade infrastructure and establish a water treatment plant.
  • Complaints from manufacturers about customs evasion’s impact were reviewed.
  • The status of companies with single industrial licenses was assessed, leading to land reallocation for non-compliance.
  • Future applicants for licenses will undergo thorough evaluations for technical and environmental approvals.

Source: zawya.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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