ANNOUNCEMENT 01 Jul 2010In July 2010, the government of Egypt announced a change in the required local inputs to serve domestic customers.
NUMBER OF INTERVENTIONS
American Chamber of Commerce in Egypt. 2010. 'Egypt Watch Bulletin, 1 May 2010.' Available at http://www.amcham.org.eg/BSAC/WatchBulletin/Issue.asp?MC=1510
Egyptian Export Development Fund. Available at http://www.eepc.gov.eg/wps/wcm/connect/web+content/EEPC_EN/Other+Export+Service+Providers_en/EDF_en
The Ministry of Trade will implement a new methodology for granting export rebates from 1 July 2010. The new methodology will use a value-added based system and is intended to encourage the use oflocal components in production. Firms benefitting from the subsidy include textile and manufacturing firms.