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MTI clarifies recent suspenion of some Egypt-exporting firms
17 April 2022  -  Sector :  -  Entity :  -  Category : Trade News

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The MTI’s media center: the move doesn’t target specific companies or products of certain countries.

Cairo- Apr. 17, 2022

The Ministry of Trade and Industry (MTI)'s media center wishes to clarify the recent suspension and banning of a number of companies from exporting to the Egyptian market, with reference to Ministerial Decree No. 195 of 2022.

The decree was issued in March with the aim of facilitating registration procedures for companies, including amendments to the rules governing the registration of factories qualified to export their products to the Arab Republic of Egypt, established in Ministerial Decree No. 43 of 2016.

It also set specific timelines for registration, according to which companies wishing to export to Egypt must renew their expired documents within a period not exceeding 30 days. Renewable documents include: quality certificates, trademarks, and industrial registry.

The factory registration unit at the General Organization For Export & Import Control (GOEIC) is responsible for reviewing documents submitted by companies for registration in order to ensure that the company or factory is an existing entity and its products are subject to quality control systems.

In case of an expired document, a warning will be sent for a period of two weeks on the authority’s website, which if not renewed, a company will be suspended for one year and later barred from exporting to Egypt.

Lately, legal action has been taken against a number of companies- being suspended or banned- because they failed to submit the required documents or had already established factories to manufacture their products locally.

The GOEIC is currently adjusting the status of the firms that present their lacking documents; a total of 122 so far since January.

Finally, the ministry’s official spokesperson affirms that the move doesn’t target specific companies or products of certain countries.

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