Rédaction Africa Links 24 with MENA
Published on 2024-02-26 10:33:30
Prime Minister Mostafa Madbouly has issued instructions to expedite the sorting of all commodities held by the Customs Authority for quick release in accordance with a gradual clearance plan. During a meeting with senior state officials, Prime Minister Madbouly emphasized the importance of prioritizing essential items such as foodstuffs, medication, and fodder in this process.
The meeting also focused on strategies to secure strategic commodities and foreign currencies, as reported by Cabinet spokesman Mohamed al-Homosani. Prime Minister Madbouly reviewed reports indicating that the total value of goods held by the Customs Authority amounts to approximately 1.3 billion dollars.
Efficiently clearing these goods is crucial to ensuring the smooth flow of trade and preventing any disruptions in the supply chain. By prioritizing essential items and implementing a systematic clearance plan, the government aims to maintain stability in the market and meet the needs of the population.
The Customs Authority plays a vital role in regulating and overseeing the movement of goods across borders, ensuring compliance with trade regulations and tariffs. Delayed clearance of goods can lead to bottlenecks in the supply chain, causing shortages and price fluctuations in the market.
To address this issue, Prime Minister Madbouly’s directive aims to streamline the process of sorting and releasing commodities held by the Customs Authority. By prioritizing top-priority items such as foodstuffs, medication, and fodder, the government seeks to ensure timely clearance and distribution of essential goods.
Securing strategic commodities and foreign currencies is also a key priority for the government, as these items are essential for maintaining economic stability and meeting the country’s needs. By addressing challenges in the clearance process and ensuring the efficient release of goods, the government aims to strengthen the economy and support sustainable development.
Overall, Prime Minister Madbouly’s directive underscores the government’s commitment to ensuring the smooth flow of trade and addressing challenges in the clearance of commodities held by the Customs Authority. By implementing a gradual clearance plan and prioritizing essential items, the government aims to maintain stability in the market and meet the needs of the population.
The meeting also discussed efforts to secure strategic commodities and foreign currencies, with the Cabinet spokesman stating that Prime Minister Madbouly reviewed reports estimating the total value of goods held by the Customs Authority at about 1.3 billion dollars.
Read Original article on Egypt Independent
