{"id":625091,"date":"2018-09-26T04:19:00","date_gmt":"2018-09-26T04:19:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/26\/eba-prepares-remarks-on-customs-act-to-present-to-house-of-representatives\/"},"modified":"2018-09-26T04:19:00","modified_gmt":"2018-09-26T04:19:00","slug":"eba-prepares-remarks-on-customs-act-to-present-to-house-of-representatives","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/26\/eba-prepares-remarks-on-customs-act-to-present-to-house-of-representatives\/","title":{"rendered":"EBA prepares remarks on Customs Act to present to House of Representatives"},"content":{"rendered":"<p>The Egyptian Businessmen\u2019s Association (EBA) is laying out its remarks and concerns on the Finance Ministry\u2019s draft of a new Customs Act, <a href=\"https:\/\/www.youm7.com\/story\/2018\/9\/25\/%D8%B1%D8%AC%D8%A7%D9%84-%D8%A7%D9%84%D8%A3%D8%B9%D9%85%D8%A7%D9%84-%D8%AA%D8%B9%D8%AF-%D9%85%D8%B0%D9%83%D8%B1%D8%A9-%D9%85%D9%84%D8%A7%D8%AD%D8%B8%D8%A7%D8%AA-%D8%B9%D9%84%D9%89-%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D8%AC%D9%85%D8%A7%D8%B1%D9%83-%D9%84%D8%B9%D8%B1%D8%B6%D9%87%D8%A7\/3964752\">Youm7 reports<\/a>. The EBA plans to present these remarks to the House of Representatives once it convenes for its fourth legislative session next month. A primary concern the EBA has is that the draft law would give the Customs Authority too much power, which may breed more corruption and create issues for investors. The Egyptian Federation of Investors Associations (EFIA) and Federation of Egyptian Industries had <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/02\/fei-tax-committee-lays-out-its-recommendation-on-the-new-customs-act-on-wednesday\/\">also expressed concerns<\/a> that penalties for customs evasions laid out in the legislation are too severe.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Egyptian Businessmen\u2019s Association (EBA) is laying out its remarks and concerns on the Finance Ministry\u2019s draft of a new Customs Act, Youm7 reports. The EBA plans to present these remarks to the House of Representatives once it convenes for its fourth legislative session next month. A primary concern the EBA has is that the [&hellip;]<\/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":[9344],"tags":[72,2375],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-625091","post","type-post","status-publish","format-standard","hentry","category-legislation-policy","tag-enterpriseam","tag-legislation-policy","wpautop","entry"],"acf":{"mongo_id":"5fdf3e2f-40ca-4e27-83e9-cdfcded288c6","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"EBA prepares remarks on Customs Act to present to House of Representatives","related_issue":[625055],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.c8526318-d4d4-43c4-b5cc-90a0eef9d5aa.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EBA prepares remarks on Customs Act to present to House of Representatives - 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\/2018\/09\/26\/eba-prepares-remarks-on-customs-act-to-present-to-house-of-representatives\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EBA prepares remarks on Customs Act to present to House of Representatives\" \/>\n<meta property=\"og:description\" content=\"The Egyptian Businessmen\u2019s Association (EBA) is laying out its remarks and concerns on the Finance Ministry\u2019s draft of a new Customs Act, Youm7 reports. The EBA plans to present these remarks to the House of Representatives once it convenes for its fourth legislative session next month. A primary concern the EBA has is that the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/26\/eba-prepares-remarks-on-customs-act-to-present-to-house-of-representatives\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-26T04:19:00+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\/2018\/09\/26\/eba-prepares-remarks-on-customs-act-to-present-to-house-of-representatives\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/26\/eba-prepares-remarks-on-customs-act-to-present-to-house-of-representatives\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EBA prepares remarks on Customs Act to present to House of Representatives\",\"datePublished\":\"2018-09-26T04:19:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/26\/eba-prepares-remarks-on-customs-act-to-present-to-house-of-representatives\/\"},\"wordCount\":118,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Legislation + Policy\"],\"articleSection\":[\"Legislation + Policy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/26\/eba-prepares-remarks-on-customs-act-to-present-to-house-of-representatives\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/26\/eba-prepares-remarks-on-customs-act-to-present-to-house-of-representatives\/\",\"name\":\"EBA prepares remarks on Customs Act to present to House of Representatives - 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An EBA delegation has attended two of the House\u2019s sessions to express its views on the law, which\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601779,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/10\/eba-urges-for-new-ngos-act-amendments\/","url_meta":{"origin":625091,"position":1},"title":"EBA urges for new NGOs Act amendments","author":"enterpriseam admin","date":"10 March 2019","format":false,"excerpt":"The Egyptian Businessmen Association\u2019s (EBA) Economic Legislation Committee has urged for new amendments to the NGOs Act to replace the government\u2019s draft law that failed to get the president\u2019s approval, Al Masry Al Youm reports. The current NGOs Act has been widely criticized by international organizations for cracking down on\u2026","rel":"","context":"In &quot;Legislation + Policy&quot;","block_context":{"text":"Legislation + Policy","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-policy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600058,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/17\/eba-urges-govt-for-energy-legislation-to-attract-investors\/","url_meta":{"origin":625091,"position":2},"title":"EBA urges gov\u2019t for energy legislation to attract investors","author":"enterpriseam admin","date":"17 January 2019","format":false,"excerpt":"The Egyptian Businessmen\u2019s Association\u2019s energy committee is urging the government and parliament for legislation to regulate the energy sector to attract foreign investors, committee head Osama Guindy told Al Shorouk. Describing the sector as a lucrative one whose potential is being wasted, Guindy said the committee is planning to raise\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600097,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/20\/federation-of-egyptian-industries-reviewing-final-draft-of-customs-act\/","url_meta":{"origin":625091,"position":3},"title":"Federation of Egyptian Industries reviewing final draft of Customs Act","author":"enterpriseam admin","date":"20 January 2019","format":false,"excerpt":"LEGISLATION WATCH- Final draft of amended Customs Act now with industry group for review: The Federation of Egyptian Industries (FEI) is reviewing the final version of proposed amendments to the Customs Act, Mohamed El-Bahy, head of the federation\u2019s taxes and customs committee, told Youm7. 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