Cairo: The Cabinet has approved the formation of a supreme committee to implement a national risk-based system for customs clearance, part of a broader push to streamline trade and enhance inter-agency coordination.

According to State Information Service Egypt, the new committee will be chaired by a representative of the Prime Minister's Office and include senior officials from key ministries and regulatory bodies, including finance, health, agriculture, defense, food safety, and customs. The group is tasked with developing a unified risk framework for releasing goods, ensuring legal and procedural alignment across agencies, and integrating the system with Egypt's digital customs platform 'Nafeza.'

The move aims to simplify import procedures, reduce clearance times, and make Egypt more attractive to investors. The committee is required to submit monthly progress reports directly to the prime minister.

The overhaul comes amid Cairo's broader efforts to improve trade logistics, tackle import bottlenecks, and boost competitiveness in a challenging external environment.