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Sunday, 30 April 2017

Gov’t imposes export tariff on fish for four months

The Trade Ministry imposed an EGP 12,000 per tonne tariff on the exports of fresh and frozen fish for four months, according to Reuters. President Abdel Fattah El Sisi had ordered “halting” fish exports last week over domestic price concerns. "This decision comes within the framework of the ministry’s keenness to provide fish for the needs of the local market especially in light of the increase in fish exports over the past period…which led to price increases," Trade Minister Tarek Kabil said.

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