Single Window and National Trade Window development

A Single Window and National Trade Window is a pre-requirement and an extremely important component of a modern Customs and border strategy for the future.

It is very positive to see Egypt moving in this direction. When SW|NTW:s are done in synergy with the introduction of (or upgrading to) a modern risk segmentation and compliance management model like Trusted Trader/AEO++, then the elements for coordinated border management and a smart border exists.

Egypt Today writes,

Egypt will establish an electronic system for the first time to track goods until the final release stage, and to deal in customs with goods contracted with a modern e-commerce system, with the possibility of pre-clearance and payment of customs duties before the arrival of the goods, Minister of Finance Mohamed Ma’it commented after the approval of the House of Representatives on the draft customs law on Monday.

According to a statement from the Ministry of Finance, Tuesday, the minister added that the exchange of information and secured data electronically between the customs authority and state-affiliated entities or external parties with which they have concluded agreements will also be allowed.

He mentioned that a risk management system would also be introduced; This leads to the release of the goods without detection or inspection via the green path, in accordance with the established controls; This is in order to simplify procedures and speed up customs release.

You can read the article here: Egypt to establish electronic system to track goods for 1st time

Source: EgyptToday