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Egypt new Custom Law - Lexology - Vimarsana News

Egypt new Custom Law - Lexology

Egypt new Custom Law Egypt December 14 2020 The Egyptian President recently approved the bill for the new Customs Law No. 207 for the year 2020 (the ‘ New Law’) to replace Customs Law No. 63 of 1966 (the ‘ Old Law’). The New Law came in force as of 12 November 2020. The New Law introduced some provisions that should improve the customs system in Egypt, and encourage the national industries and investment. However, the New Law includes many controversial articles addressing the activities of Maritime Carriers, Air Carrier and Inland Carriers, such as holding the Carrier liable for the ...