Egypt

The protectors of the homeland: The directives of President Sisi to the customs release enhance the competitiveness of the industry and reassure the investors

Representative Ashraf Abu Al -Nasr, Vice -President of the Parliamentary Commission in the Senate, and the Secretary of the Secretariat of Development and Communication with the Investors of the National Hama Party, stressed that the directives of President Abdel Fattah El -Sisi to reduce the time of customs release to 6 days, and replace multiple fees with a unified tax, reflecting a real political will to advance industrial development, and prepare a more efficient investment climate And transparency.

& nbsp; In a statement, that these decisions represent a real breakthrough for manufacturers and investors, especially in light of the global challenges facing supply and supply chains, explaining that accelerating customs procedures would reduce production costs, and increase the competitiveness of Egyptian products in regional and global markets. For the recommendations of the Senate, which confirms that the state is seriously dealt with the pulse of Parliament and the recommendations of its committees, pointing out that the investment will only flourish in an environment free from bureaucracy and complications, which the state moves towards a clear pace. As one of the most important indicators of confidence in the economy, stressing that replacing multiple fees with one additional tax represents a great simplification that facilitates investors accurately calculating their costs, and enhances the opportunities for industrial expansion. His speech by emphasizing that the Secretariat of Development and Communication with Investors in the National Hama Party will remain the link between the state and the investors, and will continue to implement these directives on the ground, and work to overcome any obstacles, in a way that contributes to building a flexible and strong economy based on the real partnership between the state and the private sector, saying: & laquo; & nbsp; the industrial sector is the locomotive that will lead Egypt towards a real productive economy, and this The presidential directives give us the hope that the state is honestly betting on industry and investment as major tools for development and providing job opportunities & raquo;

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  • Source of information and images “rosaelyoussef”

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