{"id":626475,"date":"2018-07-03T04:31:37","date_gmt":"2018-07-03T04:31:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/parliament-signs-off-on-customs-act-amendments\/"},"modified":"2018-07-03T04:31:37","modified_gmt":"2018-07-03T04:31:37","slug":"parliament-signs-off-on-customs-act-amendments","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/parliament-signs-off-on-customs-act-amendments\/","title":{"rendered":"Parliament signs off on Customs Act amendments"},"content":{"rendered":"<p><strong>LEGISLATION WATCH- Parliament signs off on amendments to Customs Act:<\/strong> The House of Representatives approved yesterday amendments to the Customs Act, <u><a href=\"https:\/\/www.elwatannews.com\/news\/details\/3488260\">El Watan reports<\/a><\/u>. The amendments would slash customs duties on capital goods and expand temporary exemptions for production inputs and packaging equipment, in addition to introducing provisions that aim to curb customs evasion.<\/p>\n<p><strong>A massive overhaul of the Customs Act still to come:<\/strong> Parliament\u2019s sign-off came as the Finance Ministry finalized a new, long-planned draft Customs Act, which will be presented to the House at the start of the next legislative session, Minister Mohamed Maait said, <u><a href=\"https:\/\/www.youm7.com\/story\/2018\/7\/2\/%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%A5%D8%B1%D8%B3%D8%A7%D9%84-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D8%AC%D9%85%D8%A7%D8%B1%D9%83-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF-%D9%84%D9%804-%D9%88%D8%B2%D8%A7%D8%B1%D8%A7%D8%AA-%D9%88%D8%B9%D8%B1%D8%B6%D9%87-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D9%86%D9%88%D8%A7%D8%A8\/3856364\">according to Youm7<\/a><\/u>. The amendments that just passed the House only affect two articles of the law, Maait said. From what we\u2019re seeing, these amendments were only fillers before the wider law comes into effect. Sources <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/28\/preferential-white-list-new-tariffs-on-tourism-new-penalties-and-more-in-customs-act\/\">had told us previously<\/a><\/u> that the new legislation also includes a host of measures that would facilitate the flow of goods through Egypt\u2019s ports, including establishing a \u201cwhite list\u201d of importers who will benefit from expedited clearance of goods.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LEGISLATION WATCH- Parliament signs off on amendments to Customs Act: The House of Representatives approved yesterday amendments to the Customs Act, El Watan reports. The amendments would slash customs duties on capital goods and expand temporary exemptions for production inputs and packaging equipment, in addition to introducing provisions that aim to curb customs evasion. A [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-626475","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"88a6500a-f1c1-4942-ac4e-6a45b19a34a6","order":"0","is_powered_by":true,"section_story_id":"b15a1efa-54f7-410b-9941-73bf397102c6","story_type":"1","photo_url":"","photo_position":"above","related_issue":[626457],"teaser":"","voice_url":""},"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>Parliament signs off on Customs Act amendments - 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\/07\/03\/parliament-signs-off-on-customs-act-amendments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Parliament signs off on Customs Act amendments\" \/>\n<meta property=\"og:description\" content=\"LEGISLATION WATCH- Parliament signs off on amendments to Customs Act: The House of Representatives approved yesterday amendments to the Customs Act, El Watan reports. The amendments would slash customs duties on capital goods and expand temporary exemptions for production inputs and packaging equipment, in addition to introducing provisions that aim to curb customs evasion. A [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/parliament-signs-off-on-customs-act-amendments\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-03T04:31:37+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\/07\/03\/parliament-signs-off-on-customs-act-amendments\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/parliament-signs-off-on-customs-act-amendments\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Parliament signs off on Customs Act amendments\",\"datePublished\":\"2018-07-03T04:31:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/parliament-signs-off-on-customs-act-amendments\/\"},\"wordCount\":182,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/parliament-signs-off-on-customs-act-amendments\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/parliament-signs-off-on-customs-act-amendments\/\",\"name\":\"Parliament signs off on Customs Act amendments - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-07-03T04:31:37+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/parliament-signs-off-on-customs-act-amendments\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/parliament-signs-off-on-customs-act-amendments\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/parliament-signs-off-on-customs-act-amendments\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Parliament signs off on Customs Act amendments\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Parliament signs off on Customs Act amendments - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/parliament-signs-off-on-customs-act-amendments\/","og_locale":"en_US","og_type":"article","og_title":"Parliament signs off on Customs Act amendments","og_description":"LEGISLATION WATCH- Parliament signs off on amendments to Customs Act: The House of Representatives approved yesterday amendments to the Customs Act, El Watan reports. The amendments would slash customs duties on capital goods and expand temporary exemptions for production inputs and packaging equipment, in addition to introducing provisions that aim to curb customs evasion. 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The proposed amendments to the Customs Act are apparently alive and well, and will be approved by the Madbouly Cabinet this Wednesday, Finance Minister Mohamed Maait said, according to Amwal Al Ghad. Cabinet had approved \u201cin principle\u201d the\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":603319,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/council-of-state-to-complete-in-days-reviewing-amendments-to-egypts-customs-act\/","url_meta":{"origin":626475,"position":1},"title":"Council of State to complete in \u201cdays\u201d reviewing amendments to Egypt\u2019s Customs Act","author":"enterpriseam admin","date":"18 April 2019","format":false,"excerpt":"LEGISLATION WATCH- Council of State to complete review of proposed Customs Act amendments in days: The Council of State (Maglis El Dawla) is set to complete its review of proposed amendments to the Customs Act \u201cover the next few days\u201d, Customs Authority boss Kamal Negm said, according to Al Masry\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":600097,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/20\/federation-of-egyptian-industries-reviewing-final-draft-of-customs-act\/","url_meta":{"origin":626475,"position":2},"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. The FEI\u2019s feedback goes to the\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":627498,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/amendments-to-customs-act-now-with-house-committee-package-includes-incentives-white-list-of-importers-crackdown-on-tourism-car-rentals\/","url_meta":{"origin":626475,"position":3},"title":"Amendments to Customs Act now with House committee; package includes incentives, white list of importers, crackdown on tourism car rentals","author":"enterpriseam admin","date":"4 June 2018","format":false,"excerpt":"LEGISLATION WATCH- Potential amendments to the Customs Act are now with the Planning and Budget Committee for discussion, Al Mal reports, after the House voted to send the bill to committee. The draft law, which had receive the Ismail Cabinet\u2019s sign-off in February, is expected to slash custom duties on\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":596966,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/finmin-issues-amendments-to-customs-act-regulations\/","url_meta":{"origin":626475,"position":4},"title":"FinMin issues amendments to Customs Act regulations","author":"enterpriseam admin","date":"14 July 2019","format":false,"excerpt":"LEGISLATION WATCH- FinMin issues amendments to Customs Act regulations: The Finance Ministry has issued amendments to the executive regulations of the Customs Act, the local press reported. The amendments allow imports that haven\u2019t been custom-cleared to be transported to warehouses outside of ports and special economic zones after valid guarantees\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":596264,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/22\/egypts-customs-authority-proposes-legislative-amendments-to-regulate-customs-clearance-agents\/","url_meta":{"origin":626475,"position":5},"title":"Egypt\u2019s Customs Authority proposes legislative amendments to regulate customs clearance agents","author":"enterpriseam admin","date":"22 August 2019","format":false,"excerpt":"LEGISLATION WATCH- Customs Authority considers new Customs Act amendments: The Customs Authority has proposed expanding draft Customs Act amendments that would regulate customs clearance agents, Al Mal reports. 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