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Customs clarifies Egypt Car Initiative
The head of the Customs Authority, Ahmed Amoui, confirmed that the customs dollar rate has not experienced any change and that no adjustments have been made to the customs duties on cars so far. He also denied the existence of any study or decision to increase or modify customs or to renew the initiative for Egyptians abroad' cars, indicating that the initiative has ended and those registered are entitled to import their cars within five years from the date of registration. He explained that the recent increase in the prices of some cars is due to other factors such as regional developments, increased shipping and insurance costs, and not because of any changes in customs regulations.
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