The agreements, part of the Mutual Recognition for the Authorized Economic Operator (AEO) Program, will involve reciprocal visits between the countries to review customs systems and establish a list of approved companies.
These selected companies will enjoy expedited customs procedures, enabling goods to clear within hours without adhering to standard clearance protocols.
El-Kilany highlighted that these initiatives aim to boost trade between Egypt, Bahrain, and the UAE. The approved company lists will focus on major exporters responsible for a significant portion of trade between the participating nations.
He further noted Egypt’s recent success in reaching a similar agreement with Saudi Arabia, reducing customs clearance times between the two countries from three days to just three hours.
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