ECTN Mandatory for LIBYA

We bring to the attention of our. customers of the communication received from the Companies and the Egyptian Customs Department regarding the introduction of the Advance Cargo Information Declaration (ACID) which must be indicated in the Bill of Lading starting from the end of March. We therefore ask you to pay the utmost attention so that the shipper always produces this document. https://www.thecooperativelogisticsnetwork.com/news-thecoop/2021/02/12/egypt-new-instructions-implementation-of-the-aci-system/ https://www.assolombarda.it/servizi/internazionalizzazione/informazioni/egitto-nuovo-sistema-doganale-advance-cargo-information-acid-con-obblighi-per-gli-importatori-nel-paese

ECTN Mandatory for LIBYA

The Lybic Customs Authority has sent a letter to the Customs Directorates of Tripoli, Benghazi, Misrata, Al-Batnan and Zuwara asking to work with the advanced information system "ECTN". It also noted the need to comply with this decision and all members of the preliminary information operations room should record their notes on the shipping agency and the shipping carrier which are not bound by the "ECTN" advance information system.

Incoterms 2020: Here's What's New

On 10 September 2019, the ICC presented the final version of the new Incoterms whose entry into force is set for 1 January 2020 (however, nothing prevents them from being used immediately, provided that the contract is explicit in this regard). For more information: https://iccwbo.org/resources-for-business/incoterms-rules/incoterms-2020/

Egypt's central bank tightens import controls to boost local production

Cairo, 22 Dec.2015

Egypt's central bank will tighten import regulations from January in a bid to support local manufacturing and better preserve its dwindling foreign currency reserves.Egypt, which depends on imports, has faced a currency crisis since a 2011 uprising drove foreign investors and tourists away. Hard currency reserves have more than halved $16.4 billion since then.

The decision excludes imports of medicine, foods, and other essential goods such as wheat.

 

More details: www.reuters.com/article/egypt-imports-idUSL8N14B1P720151222

(Reporting by Asma Alsharif and Ehab Farouk, editing by Louise Heavens)

 

 The weight of the container is required.

 -> VGM Declaration (pdf)

 

-> VGM Declaration (xls - M.Office)  [editable]

 

 

The new Resolution regulates the use of foreign exchange for opening documentary Letters of Credit (LC). With immediate effect, all goods and services imported to Libya must present a Certificate of Inspection (CoI) issued by an international inspection company, in order to be financed through a documentary LC from a commercial bank.

More information is available through the main international inspection agencies.

Source: Credimpex

To the  Saudi Importers of refrigerated food stuff:

kindly read carefully the circular letter of Jeddah Port Authority regarding the free time for the reefer containers of food stuff.