{"id":543791,"date":"2022-02-17T03:56:04","date_gmt":"2022-02-17T03:56:04","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/17\/last-nights-talk-shows-more-imports-paperwork-talk\/"},"modified":"2022-02-17T03:56:04","modified_gmt":"2022-02-17T03:56:04","slug":"last-nights-talk-shows-more-imports-paperwork-talk","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/17\/last-nights-talk-shows-more-imports-paperwork-talk\/","title":{"rendered":"Last Night\u2019s Talk Shows: More imports paperwork talk"},"content":{"rendered":"

The CBE\u2019s new import rules led coverage on the airwaves for a second day <\/strong>running. <\/strong>We have more on the new rules in this morning\u2019s Trade section, above.<\/p>\n

There were advocates:<\/strong> A central bank directive to reduce fees for importers to obtain letters of credit (L\/Cs) is key and means that importers will not face any additional charges, said Federation of Egyptian Banks (FEB) head Mohamed El Etreby in a phone-in with Ala Mas\u2019ouleety (watch, runtime: 26:21<\/a>). The central bank has told lenders to bring L\/C fees down to match those for documentary collection, according to new details circulating in local media that were issued by the FEB.<\/p>\n

And there were critics:<\/strong> The CBE should exempt local manufacturers and producers \u2014 who import spare parts, machinery and equipment for production \u2014 from the new rules, deputy chair of the House of Representatives\u2019 industry committee Mohamed El Sallab said in a call with Yahduth Fi Misr (watch, runtime: 6:16<\/a>). Masaa DMC\u2019s Ramy Radwan (watch, runtime: 2:53<\/a>) echoed his sentiment in his coverage of the story.<\/p>\n

El Sisi\u2019s attendance at the EU-AU summit in Brussels also got more airtime:<\/strong> President Abdel Fattah El Sisi\u2019s sit-down with Belgium\u2019s King Philippe, as well as the agreements he signed with Belgian companies in green hydrogen, energy and defense, got coverage from Ala Mas\u2019ouleety (watch, runtime: 7:31<\/a>; 5:46<\/a>). We have more in this morning\u2019s Diplomacy section, below.<\/p>\n","protected":false},"excerpt":{"rendered":"

The CBE\u2019s new import rules led coverage on the airwaves for a second day running. We have more on the new rules in this morning\u2019s Trade section, above. There were advocates: A central bank directive to reduce fees for importers to obtain letters of credit (L\/Cs) is key and means that importers will not face […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7232],"tags":[96,810,271,72,7192,950,106,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-543791","post","type-post","status-publish","format-standard","hentry","category-last-nights-talk-shows","tag-abdel-fattah-el-sisi","tag-african-union","tag-central-bank-of-egypt","tag-enterpriseam","tag-eu","tag-federation-of-egyptian-banks","tag-last-nights-talk-shows","tag-trade","wpautop","entry"],"acf":{"mongo_id":"1a9ca490-2c98-433a-b328-bfc60a901c33","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[543767],"teaser":"","voice_url":""},"yoast_head":"\nLast Night\u2019s Talk Shows: More imports paperwork talk - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/17\/last-nights-talk-shows-more-imports-paperwork-talk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Last Night\u2019s Talk Shows: More imports paperwork talk\" \/>\n<meta property=\"og:description\" content=\"The CBE\u2019s new import rules led coverage on the airwaves for a second day running. We have more on the new rules in this morning\u2019s Trade section, above. 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Head of the Egyptian Businessmen\u2019s Association Ali\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":579004,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/22\/tub-tubs-for-moscows-trade-move\/","url_meta":{"origin":543791,"position":1},"title":"Tub-tubs for Moscow\u2019s trade move","author":"enterpriseam admin","date":"22 January 2023","format":false,"excerpt":"It was a quiet night on the airwaves last night, with the pundits praising the Bank of Russia\u2019smove last week to approve the EGP as a trade currency, as well as the arrival of the first flight to Egypt from China in years.Moscow\u2019s inclusion of the EGP as a currency\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/364.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543777,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/17\/we-have-more-details-on-the-cbes-new-import-rules\/","url_meta":{"origin":543791,"position":2},"title":"We have more details on the CBE\u2019s new import rules","author":"enterpriseam admin","date":"17 February 2022","format":false,"excerpt":"Details on CBE\u2019s new import rules outline exemptions for some goods + small shipments: Imports of goods worth up to USD 5k (or the equivalent in any other foreign currency) will be exempt from the Central Bank of Egypt\u2019s (CBE) decision requiring importers to get letters of credit (L\/Cs) for\u2026","rel":"","context":"In "Trade"","block_context":{"text":"Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/241.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546950,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/02\/more-trouble-ahead-for-importers-as-customs-exchange-rate-rises\/","url_meta":{"origin":543791,"position":3},"title":"More trouble ahead for importers as customs exchange rate rises","author":"enterpriseam admin","date":"2 June 2022","format":false,"excerpt":"Leading the airwaves yesterday: The Customs Authority\u2019s decision to hike the USD customs exchange rate to EGP 18.65 this month had everyone talking on the airwaves.Prepare for more inflation: Prices of imported products will rise 7-9% due to the decision, Emad El Qenawy, head of the importers division at the\u2026","rel":"","context":"In "LAST NIGHT'S SHOWS"","block_context":{"text":"LAST NIGHT'S SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":549635,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/25\/last-nights-talk-shows-all-about-the-cbe\/","url_meta":{"origin":543791,"position":4},"title":"Last Night\u2019s Talk Shows: All about the CBE","author":"enterpriseam admin","date":"25 September 2022","format":false,"excerpt":"The Central Bank of Egypt\u2019s decision to leave interest rates unchanged dominated the airwaves over the weekend. 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