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Wednesday, 15 June 2016

Parliament approves customs tariffs increases decreed by El Sisi

The House of Representatives has approved custom tariff increases on a number of “luxury goods” decreed by President Abdel Fattah El Sisi in January, Al Ahram reported. At the time, we reported that “tariffs on nuts, including cashews, almonds, and pistachios, are up to 20%, while avocados will be charged 30% and apples 40%. Custom tariffs on pet food have also been increased 40%, the same rate as will now be charged on cosmetics, deodorants, sports shoes, dental floss and home appliances.” Al Masry Al Youm carried the decree in full.

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