The Egyptian Automobile Manufacturers Association (EAMA) and the head of the Industrial Development Authority held talks yesterday to discuss their proposals for the executive regulations of the automotive directive, Al Mal reports. The Trade and Industry Ministry is planning to form a committee to draft the regs and is meeting with industry to gauge their opinions. EAMA has raised some objections of the automotive directive which it hopes would be addressed in the regs, said Hassan Suleiman head of EAMA. these include clarifying whether imported parts that contain some local components will be classified as a locally sourced goods. The law plans to raise the portion of locally sourced components in car manufacturing to 60% from 45%. Export incentive structures must also be clarified, an unnamed member of EAMA tells the newspaper. The Trade and Industry Ministry was supposed to have begun drafting the regulations back in September, according to statements by minister Tarek Kabil.