{"id":594231,"date":"2019-10-23T04:10:38","date_gmt":"2019-10-23T04:10:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/eba-lobbies-for-changes-to-draft-customs-law\/"},"modified":"2019-10-23T04:10:38","modified_gmt":"2019-10-23T04:10:38","slug":"eba-lobbies-for-changes-to-draft-customs-law","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/eba-lobbies-for-changes-to-draft-customs-law\/","title":{"rendered":"EBA lobbies for changes to draft customs law"},"content":{"rendered":"

<\/a> LEGISLATION WATCH- EBA lobbies for changes to draft customs law: <\/b>The Egyptian Businessmen\u2019s Association (EBA) will submit recommendations to the House Planning and Budget Committee on the draft customs law, Youm7 reported<\/a>. An EBA delegation has attended two of the House\u2019s sessions to express its views on the law, which is expected to<\/a> speed up customs clearance, create a \u201cwhitelist\u201d of trusted importers, and broaden the discretion of the Customs Authority.<\/p>\n

What does the EBA want?<\/b> The EBA is asking that customs are reviewed within one year of the departure of goods, instead of five as currently written in the draft law, Khaled Hamza, the head of the EBA Import and Customs Committee, said. This would reduce the risk of disputes occurring due to long-term price changes. The association will also ask that the customs exemption period be extended to three years from two-and-a-half to grant manufacturers enough time to make and export their products. The EBA is also demanding<\/a> that the monthly customs surcharge is reduced to 1% from 1.5% currently.<\/p>\n","protected":false},"excerpt":{"rendered":"

LEGISLATION WATCH- EBA lobbies for changes to draft customs law: The Egyptian Businessmen\u2019s Association (EBA) will submit recommendations to the House Planning and Budget Committee on the draft customs law, Youm7 reported. An EBA delegation has attended two of the House\u2019s sessions to express its views on the law, which is expected to speed up […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[309,3414,1684,72,180,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594231","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-customs","tag-customs-act","tag-egyptian-businessmen-association","tag-enterpriseam","tag-legislation","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b9b19113-d111-478f-89a7-ba06e5718845","is_powered_by":true,"section_story_id":"7377107f-5259-4a8e-b393-6c78eb5e7488","story_type":"1","photo_url":"","photo_position":"above","related_issue":[594217],"teaser":"","voice_url":""},"yoast_head":"\nEBA lobbies for changes to draft customs law - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/eba-lobbies-for-changes-to-draft-customs-law\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EBA lobbies for changes to draft customs law\" \/>\n<meta property=\"og:description\" content=\"LEGISLATION WATCH- EBA lobbies for changes to draft customs law: The Egyptian Businessmen\u2019s Association (EBA) will submit recommendations to the House Planning and Budget Committee on the draft customs law, Youm7 reported. An EBA delegation has attended two of the House\u2019s sessions to express its views on the law, which is expected to speed up […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/eba-lobbies-for-changes-to-draft-customs-law\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-23T04:10:38+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/eba-lobbies-for-changes-to-draft-customs-law\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/eba-lobbies-for-changes-to-draft-customs-law\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EBA lobbies for changes to draft customs law\",\"datePublished\":\"2019-10-23T04:10:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/eba-lobbies-for-changes-to-draft-customs-law\/\"},\"wordCount\":180,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"customs\",\"Customs Act\",\"Egyptian Businessmen Association\",\"EnterpriseAM\",\"legislation\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/eba-lobbies-for-changes-to-draft-customs-law\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/eba-lobbies-for-changes-to-draft-customs-law\/\",\"name\":\"EBA lobbies for changes to draft customs law - 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