Japanese companies view Egypt as a business destination

The ambassador’s remarks came during a meeting with Minister of Finance Mohamed Maait that was held on Monday between the two sides in the finance ministry’s HQ in Cairo.

The ambassador also told Maait that the business community in Japan is satisfied with Egypt’s advanced cargo information system and its positives impacts on the trade flow between the two countries.

Egypts ACI system came into effect as of 1 October 2021 and was designed to provide public and private trade operators with holistic electronic cargo information prior to the arrival of shipments to the country of importation in order to facilitate processing and clearance procedures.

The system was adopted under Egypt’s strategy of digital transformation, which is in line with Egypt’s 2030 Vision and its sustainable development goals agenda.