Trade and markets
 

Detail

Area
Egypt
Commodity Group
Rice
Commodity
All
Date
03/09/2015
Policy Category
Trade
Policy Instrument
Export ban, export tax
Description
Based on statements issued by officials of the Agricultural Export Council, a Cabinet decision rescinded an earlier decision to re-introduce the ban on milled rice exports, as of 1 September 2015. Instead, up to 1.0 million tonnes of rice would be allowed to be shipped abroad, free of the previously applicable obligation to furnish the General Authority for Supply Commodities with a tonne of rice for every tonne exported, but still subject to an export tax, yet to be determined.