Egypt: Measures to boost domestic car industry
Description
On January 8, 2009 the government of Egypt eliminated a 2% export tax on Egyptian-made cars and exempted component parts from import tax. These measures were taken in order to boost domestic industry by making Egyptian cars more competitive through decreasing the cost of imported inputs and lowering the tax burden for exporters. It is also possible that sales tax on cars will be reduced or eliminated, which would result in an increase of domestic demand.
Any Evidence-Based Deliberation:
| Question | Result |
|---|---|
| Is there anything in the public record to suggest that evidence of the effectiveness of the proposed measure was considered during official deliberations? | |
| Is there any evidence that alternatives to the proposed measure were considered? | |
| Is there anything in the public record that suggests that empirical evidence informed the comparison across the alternatives available to government? | |
| Was such evidence identified? | |
| Is such evidence publicly available? | |
| Did the official decision-maker in question provide an explanation as to why a chosen measure was favoured over alternatives? | |
| Is there any evidence to suggest that potentially affected trading partners were consulted before the measures were taken? | |
| Is there any evidence that safeguards have been put in place to ensure that implementation of the initiative is transparent and non-discriminatory? | |
| Did the government state its intention to review the measure within one year of implementation? |
Date Discovered: 03/05/2010
Implemented: Yes
Date of inception: 8 Jan 2009
GTA Evaluation: Green
Source:
Egypt Autos Report
http://www.bharatbook.com/Market-Research-Reports/Egypt-Autos-Report.html
Egypt - car exports
February 4, 2010
BMI Industry Insights - Automotives, Middle East & Africa
Government Response:
- 641 reads
