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Wednesday, 7 September 2016

EU will continue to push Egypt to end exporter’s registry

“[The EU] will continue to put pressure on Egypt to end the Industry and Trade Ministry-imposed exporters registry, in keeping with the principles of free trade,” said outgoing head of the EU delegation to Egypt James Moran who renewed his call on Tuesday for the policy to be scrapped, Al Borsa reports. The newspaper claims that Moran had confirmed the World Trade Organization looked into the registry back in June, something the Trade and Industry Ministry denied at the time. The registry, which was imposed in January, places new quality control measures for companies looking to export to Egypt. Moran, who said his replacement will be appointed in the coming 3-4 months, claimed he is optimistic about Egypt’s economic reform program.

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