Minister of Finance Mohamed Maeet on Wednesday said Egypt is ever keen to contribute effectively to facilitating international trade movement and attract more foreign and local investment.
Egypt’s distinguished geographic location and its strong infrastructure will help increase investment and trade with the rest of the world, especially with African countries.
The minister also referred to the “genuine political will” to support the private sector and maximise its participation in development, in fulfillment of the State Ownership Policy Document and the government plan to offer 32 companies to be listed on the Stock Exchange, or offer them to an investor. “This is part of efforts to increase private sector participation in development and the management of state-owned firms,” the minister said.“The Authorised Economic Operator programme will facilitate customs procedures and grant many advantages to companies such as registration through Nafeza platform,” the minister said in a statement.
Customs Authority head, el-Shahat Ghaturi, said that through the Authorised Economic Operator programme we will apply the latest global practices in securing goods through the application of a risk management system, and to increase the flow of imported and exported goods.
Ghaturi added that 349 importers and exporters have already joined the Authorised Economic Operator programme.
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