Trade and markets
 

Detail

Area
Egypt
Commodity Group
Rice
Commodity
All
Date
16/10/2014
Policy Category
Trade
Policy Instrument
Export ban
Description
Relaxed the ban on milled rice exports. Effective until August 2015, traders will be permitted to ship supplies abroad provided that, for every tonne they intend to export, they deliver 1 tonne of rice to the General Authority for Supply Commodities at Pounds 2 000 per tonne (USD 279). Exports will be additionally subject to USD 280 per tonne tax.
Notes
Exchange rate as of 15 November 2014.