ANNOUNCEMENT 08 Aug 2018
The government eliminated the export tariffs imposed on sugar in the fiscal year 2017.
NUMBER OF INTERVENTIONS
Al Ahram (State Owned Newspaper). Egypt Scraps tariff imposed last year on sugar exports: Ministry. English.http://english.ahram.org.eg/NewsContent/3/12/309243/Business/Economy/Egypt-scraps-tariff-imposed-last-year-on-sugar-exp.aspx
The government of Egypt on 8 August 2018, eliminated the export tax applicable to sugar (per tonne).
The previous export tax on sugar was 3000 Egyptian Pounds per tonne (approximately USD 168). This export tax was introduced in 2017, as part of the government effort to increase the sugar prices in the local market.