Gov’t reimposes export tariff on fish for one year

Trade Minister Amr Nassar reimposed a EGP 12,000 tariff on every tonne of fresh and frozen fish exported from Egypt, Al Masry Al Youm reports. The decision, which came into effect yesterday, aims to curb increases to the prices of fish sold locally. The initial tariff was imposed back in April last year and had led to a 30-40% drop in prices.