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MTI imposes 3-month ban on fava bean exports
4 April 2021  -  Organization :  -  Sector/Entity :  -  Category : Trade News

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The move comes within the government’s efforts to provide for the needs of citizens amid the COVID-19 crisis, and the approach of Ramadan.

Cairo- Apr 4, 2021

Minister of Trade and Industry Nevine Gamea has issued a decree halting the export of whole and split fava beans for three months, as of publication in the Egyptian gazette.

It only allows exporting quantities in excess of the market’s needs, estimated by the Ministry of Supply and Internal Trade and approved by the Ministry of Trade and Industry.

“The decision was made in coordination with the Minister of Supply and Internal Trade, within the government’s efforts to provide for the needs of citizens amid the COVID-19 crisis,” Gamea said.

She added that the move comes in light of preparations for the holy month of Ramadan, during which consumption of beans triples, while total production only covers 30% of it.

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