Members of the Chambers of Commerce welcomed President Abdel Fattah El-Sisi’s statements, during his visit to Alexandria Port, regarding the application of the system of pre-registration of imported shipments from abroad during next October, stressing their readiness to activate this system, which eliminates containers of unknown origin, and reduces the cost of importing goods from abroad and then declines their prices.
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The Cairo Chamber of Commerce had announced the intensification of its efforts to educate traders, importers and company owners about the ACI system, through a series of seminars and meetings that explain how to register in this system with the participation of specialists and experts from the Customs Authority to answer all inquiries and questions about the registration process. correct in this system.
Engineer Ibrahim Al-Arabi, head of the General Federation of Chambers of Commerce, called on the Chambers of Commerce affiliates to take advantage of the current trial period for the pre-registration system for shipments, which will continue until the end of this September before the mandatory implementation next month.
Al-Araby stressed the need for importers to register quickly to avoid any obstacles when pre-registration of mandatory customs shipments and to support the state in implementing one of the axes of its development plan, as the government and the private sector are two sides of the same coin in achieving the interest of our country.
It is noteworthy that the advance registration of shipments (ACI) system is a new customs system that depends on the availability of shipment data and documents (commercial invoice and final or initial bill of lading) at least 48 hours before shipment so that the concerned authorities can monitor any danger to the country through the risk management system where The Egyptian state places a high priority on ensuring the security of its citizens, and the Customs Authority began implementing it voluntarily from last April, and it is scheduled to be implemented mandatory in early October.
Dr. explained. Mohamed Maait, Minister of Finance, said that there is a noticeable demand from importers and their customs brokers to join the ACI system, and the number of registered companies has so far exceeded 18,000 companies. Reflecting the keenness of the business community.
He added that this system includes many advantages that contribute to reducing the time of customs release and reducing the cost of the import and export process, so that the ports are gates for the transit of goods only and not places to store them. This leads to improving Egypt’s ranking in international competitiveness indicators, facilitating trade movement, and stimulating investment.