KUWAIT: Kuwaiti General Administration of Customs (KGAC) announced yesterday signing a memorandum of cooperation with the Kuwait Ports Authority (KPA), aiming to improve the joint business environment. In a press statement, KGAC said that the Director General, advisor Jamal Al-Jallawi, met with the KPA Director General Sheikh Youssef Al-Abdullah Al-Sabah, to document the memorandum between the two sides.
It aims to set up a mechanism for developing procedures for receiving and delivering containers that have passed the legal period estimated at 90 days and are supposed to be referred to ‘Bait Al-Mal’ in preparation for selling them at public auction, the statement said. This cooperation fulfills the two parties’ desire of a fast ending procedure and to avoid any accumulation of these containers in port terminals. – KUNA