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17-Jan-2016

Certain imports to be banned if suppliers do not register

Egypt's government has announced the means through which companies bringing finished products into Egypt can register themselves, with those failing to do so facing a ban, an official told Ahram Online on Thursday. A ministerial decree was issued last month requiring all exporters of a variety of finished products, ranging from chocolate to ready-made garments and children's toys, to register with the Ministry of Trade and Industry. Minister Tarek Kabil announced in a press statement on Thursday that companies could now begin to register either online or through six bureaus across Egypt. Although the decree stipulates that it will be effective within two months of the date it was issued – 31 December 2015 – a media relations official at the ministry told Ahram Online that the two-month grace period for registration starts Thursday, after which "any company, even a large one, will not be allowed to [bring its goods] into Egypt." The list of imported goods whose suppliers need to register includes dairy products, confectionery, bottled water, kitchenware, diapers, washing machines and various home appliances. Suppliers of raw materials and semi-finished products are not included in the decree, confirmed the official. “Egypt has been flooded with cheap, low-quality goods and we are trying to regulate this market,” Amer told Bloomberg in an interview on Tuesday. (ahramonline)

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