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Newsletter: January
Egypt Implement New Import Regulation
Egypt imposed new import regulations which
stipulated that all imports of ready-made garments, textiles, coloured
yarns, carpets, natural and artificial leather, shoes and bags should be
accompanied by an inspection and quality certification before entering the
Egyptian market.
This certification should be approved by
the International Laboratory Accreditation Cooperation (ILAC) or by any
Egyptian or foreign governmental entity the minister of trade and industry
decides upon.
The certification should ensure that
imported goods comply with the Egyptian standards and pass inspection by the
General Authority of Export and Import Control (GOEIC).
The new regulations are set to protect the
Egyptian consumer from bad quality imported goods which are harmful for
consumers' health. The new regulations would be implemented starting
February 2012.
Import activities have increased
drastically which in turn had a destructive effect on the Egyptian
production. Egypt's imports amount to $50 billion leading to a large trade
deficit. |