Area
Egypt
Commodity Group
Rice
Commodity
All
Date
07/03/2019
Policy Category
Trade
Policy Instrument
Finance and credit facilities
Description
Rescinded orders requiring upfront cash payment for imports of rice, lentils and fava beans, effective from 6 May 2019 until 15 March 2020. The measure will allow traders of these commodities to obtain letters of credit, without having to deposit the commodities' full import value in foreign currency.
