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Thursday, 2 June 2016

SCZone and Customs Authority establish special tariff incentives

Meanwhile, the Suez Canal Special Economic Zone (SCZone) and the Customs Authority have laid out special customs regulations for the SCZone, which will exempt cargo transiting, warehoused, or used in the zone from customs, Al Mal report. Tariffs will only be collected on goods destined for Egypt. Regulations will also establish a customs directorate at the SCZone, Al Mal reports.

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