{"id":549404,"date":"2022-09-15T04:00:11","date_gmt":"2022-09-15T04:00:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/15\/egypt-lifts-ban-on-exports-of-food-staples\/"},"modified":"2022-09-15T04:00:11","modified_gmt":"2022-09-15T04:00:11","slug":"egypt-lifts-ban-on-exports-of-food-staples","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/15\/egypt-lifts-ban-on-exports-of-food-staples\/","title":{"rendered":"Egypt lifts ban on exports of food staples"},"content":{"rendered":"

<\/a> Exports of food staples are back on the menu: <\/strong>The Madbouly government has lifted a ban on the export of food staples that it had introduced earlier this year in response to the global food crisis triggered by the war in Ukraine, Reuters<\/a> reports, citing a Trade Ministry document. Producers are now able to sell wheat, flour, corn, lentils, pasta, fava beans and vegetable oils to overseas buyers, according to the document. The three-month ban was introduced in March<\/a> and then extended for another three months in June<\/a> in a bid to conserve local supplies amid spiraling prices and global shortages caused by the conflict. Al Mal<\/a> also has the story.<\/p>\n

Lifting the ban is a signal the government\u2019s concerns about food insecurity are easing:<\/strong> Authorities have been working to shore up the country\u2019s reserves of basic food commodities, enacting emergency measures to boost domestic wheat production and negotiating directly with overseas suppliers to secure grain cargoes. We now have a seven-month stockpile of wheat reserves, according to statements<\/a> by Supply Minister Ali El Moselhy, and enough vegetable oils to last for about six months.<\/p>\n

Egypt wasn\u2019t the only \u201cfood nationalist\u201d of 2022:<\/strong> At least 19 food producers imposed export restrictions this year in response to the crisis, worsening global shortages and fuelling further inflation.<\/p>\n

MEANWHILE- The Consumer Protection Agency (CPA) <\/strong>is warning<\/a><\/strong> shops to abide by new <\/strong>price controls on rice <\/strong>that the state imposed last week. The price of packed rice is capped at EGP 15 per kg, while unpacked rice can sell for no more than 12 per kg under an order published in the Official Gazette on Thursday. Traders caught selling rice at higher prices will be at risk of fines of between EGP 100k and EGP 5 mn.<\/p>\n","protected":false},"excerpt":{"rendered":"

Exports of food staples are back on the menu: The Madbouly government has lifted a ban on the export of food staples that it had introduced earlier this year in response to the global food crisis triggered by the war in Ukraine, Reuters reports, citing a Trade Ministry document. Producers are now able to sell […]<\/p>\n","protected":false},"author":1,"featured_media":549405,"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":[7305],"tags":[317,72,2442,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-549404","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commodities","tag-commodities","tag-enterpriseam","tag-flour","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"54e9e0b5-071d-4f14-ae47-74c8244b118c","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/9\/238.jpg","photo_position":"above","related_issue":[549392],"teaser":"","voice_url":""},"yoast_head":"\nEgypt lifts ban on exports of food staples - 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\/09\/15\/egypt-lifts-ban-on-exports-of-food-staples\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt lifts ban on exports of food staples\" \/>\n<meta property=\"og:description\" content=\"Exports of food staples are back on the menu: The Madbouly government has lifted a ban on the export of food staples that it had introduced earlier this year in response to the global food crisis triggered by the war in Ukraine, Reuters reports, citing a Trade Ministry document. Producers are now able to sell […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/15\/egypt-lifts-ban-on-exports-of-food-staples\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-15T04:00:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/238.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/15\/egypt-lifts-ban-on-exports-of-food-staples\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/15\/egypt-lifts-ban-on-exports-of-food-staples\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt lifts ban on exports of food staples\",\"datePublished\":\"2022-09-15T04:00:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/15\/egypt-lifts-ban-on-exports-of-food-staples\/\"},\"wordCount\":299,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/15\/egypt-lifts-ban-on-exports-of-food-staples\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/238.jpg?fit=%2C&ssl=1\",\"keywords\":[\"commodities\",\"EnterpriseAM\",\"flour\",\"wheat\"],\"articleSection\":[\"Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/15\/egypt-lifts-ban-on-exports-of-food-staples\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/15\/egypt-lifts-ban-on-exports-of-food-staples\/\",\"name\":\"Egypt lifts ban on exports of food staples - 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Wheat, flour, oils and corn are all included in the export ban, along with lentils, pasta,\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/140.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544793,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/21\/food-prices-still-topic-du-jour-in-the-foreign-press\/","url_meta":{"origin":549404,"position":1},"title":"Food prices still topic du jour in the foreign press","author":"enterpriseam admin","date":"21 March 2022","format":false,"excerpt":"The war in Ukraine and its effect on our wheat supply is continuing to get ink in the foreign press this morning: The Madbouly government\u2019s move to ban exports of key staples including wheat, flour and lentils for three months comes as more Arab nations veer towards food protectionism amid\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544688,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/16\/price-controls-for-unsubsidized-bread-are-happening\/","url_meta":{"origin":549404,"position":2},"title":"Price controls for unsubsidized bread are happening","author":"enterpriseam admin","date":"16 March 2022","format":false,"excerpt":"Gov\u2019t to fix price and specifications of unsubsidized baladi bread: President Abdel Fattah El Sisi ordered the government to set a fixed price for unsubsidized bread yesterday, in the latest move to hold down local prices amid surging global inflation, according to an Ittihadiya statement.Local bread prices have climbed rapidly\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/203.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547130,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/09\/of-export-bans-and-self-reliance\/","url_meta":{"origin":549404,"position":3},"title":"Of export bans and self reliance","author":"enterpriseam admin","date":"9 June 2022","format":false,"excerpt":"No staple food exports for another three months as we look to raise local harvests: The Trade Ministry has extended by three months its March ban on exports of wheat, flour, corn, lentils, pasta, fava beans, and vegetable oils, the state-owned MENA news agency reports.Exports of any \u201cexcess\u201d supplies of\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/210.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546692,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/25\/were-getting-another-usd-3-bn-for-wheat-imports-from-the-itfc\/","url_meta":{"origin":549404,"position":4},"title":"We\u2019re getting another USD 3 bn for wheat imports from the ITFC","author":"enterpriseam admin","date":"25 May 2022","format":false,"excerpt":"We\u2019re getting an additional USD 3 bn from ITFC to help us through the commodities crunch: The International Islamic Trade Finance Corporation (ITFC) has raised the ceiling for its financing agreement with Egypt to USD 6 bn from USD 3 bn, Supply Minister Ali El Moselhy told Al Hekaya\u2019s Amr\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/333.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544657,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/15\/govt-to-up-local-wheat-prices-and-cut-fertilizer-costs-and-appears-to-be-considering-price-caps-for-unsubsidized-bread\/","url_meta":{"origin":549404,"position":5},"title":"Gov\u2019t to up local wheat prices and cut fertilizer costs \u2014 and appears to be considering price caps for unsubsidized bread","author":"enterpriseam admin","date":"15 March 2022","format":false,"excerpt":"A raft of new wheat-related measures announced by the Madbouly government yesterday aim to bolster the country\u2019s food security in the wake of the Russia-Ukraine war.The Supply Ministry has once again hiked local wheat purchase targets: The government is now 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