Posted on May 19, 2023

The Egyptian government has approved a draft decree exempting travellers who import gold into Egypt from customs duties and other fees — except VAT — for a period of six months.

The exemption applies to semi-manufactured gold, gold prepared for currency-trade, and jewellery parts made or coated with a layer of precious metals.

The measure aims to achieve stability in gold prices within the markets and reduce smuggling of half-manufactured and manufactured gold.

logisitics Egypt cargo Ireland freight Netherlands container air freight Sweden wine Latvia freight forwarding India France Canada logistics Brexit Sweden freight China Finland Seafreight Switzerland Norway Australia Spain Singapore Denmark Covid-19 exports China rail freight imports Turkey Hong Kong italy shipping containers South Africa Freight Shipping waste USA Swedish Greece U.S.A Poland Gothenburg exporters exports Germany freight forwarders Japan