USAID Trade Reform & Development in Egypt (TRADE) Project
Advancing Trade Facilitation Through Risk Management!
As part of USAID TRADE’s commitment to helping streamline trade processes and facilitating trade, a three-day training workshop was held for senior staff of Egypt’s General Organization for Export and Import Control (GOEIC). The workshop focused on implementing a Risk Management System for the electrical appliances sector, a pivotal step toward reducing time and cost to trade.
Participants delved into risk assessment principles and phases, exploring core methodologies such as risk identification, analysis, and evaluation. They gained insights into international best practices, examining case studies and practical applications of risk assessment methodologies. The workshop emphasized the importance of transitioning from 100% inspections to targeted, risk-based inspections, boosting efficiency without compromising safety.
Additionally, GOEIC teams were trained to identify and address legislative gaps, learning how to perform gap analyses and draft Standard Operating Procedures (SOPs) for risk-based inspections across 22 product categories.
This initiative marks a significant stride in aligning with global standards, fostering trade facilitation, and enhancing Egypt’s export competitiveness. Together, we are paving the way for a more efficient and robust trade system!