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The Effects of Implementing the Advanced Cargo Information (ACI) System on Egyptian Importers
Author(s): Farah Samir (Arab Academy for Science, Technology, and Maritime Transport, Egypt), Aya El-Garhy (Arab Academy for Science, Technology, and Maritime Transport, Egypt)and Ashish Bagwari (Uttarakhand Technical University, India)
Copyright: 2023
Pages: 21
EISBN13: 9781668495377
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Abstract
Blockchain technology is gradually being applied to different customs clearance systems globally to improve the efficiency of trade transactions by digitizing customs clearance processes. This chapter explores the Advance Cargo Information (ACI) system—a blockchain-based system—implemented by the Egyptian Customs Authority (ECA) and provides recommendations for future improvements. A case study was applied on three regular importer companies in Egypt, H.B. Fuller, Ezz Steel, and Zamil Steel, to study specific customs clearance concepts related to time, documentation, and costs associated with the processes to draw a conclusion on the impacts of implementing the ACI on the import customs clearance procedures. Finally, the chapter concludes that the ACI system has had a positive impact on importers and customs employees. Nevertheless, importers still face several challenges with the customs clearance system. Therefore, recommendations are listed for the ECA to upgrade the customs clearance processes, and Misr Technology Services (MTS) to develop the ACI system's infrastructure.
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