Latest Blogs on the Timber Industry & Trade Digitization

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Top Ways Digital Smart Contracts

Top Ways Digital Smart Contracts Can Take Global Trade to the Next Level

Per shipment, there are distinct shipping, legal, and trade-related documents involved. Crucial information like tracking numbers, requested amendments, and drafts can easily get lost in transit. Hence, integrating a smart supply chain tool like Timber Exchange can minimize manual checks and ensure that everything goes smoothly without any hiccups on the way.

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Egypt Advance Cargo Information Declaration

New Egypt Advance Cargo Information Declaration Effective from October 1, 2021

The Egyptian Ministry of Finance (Customs Authority) activated article 39 of customs law 207 of 2020 and issued decree 38 of 2021. This requires a unique customs registration number (Advanced Cargo Information Declaration (ACI) for each incoming shipment imported into Egypt that must be included on all shipping documents.

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