{"id":565803,"date":"2021-05-05T14:11:37","date_gmt":"2021-05-05T14:11:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/05\/were-getting-our-export-council-back\/"},"modified":"2021-05-05T14:11:37","modified_gmt":"2021-05-05T14:11:37","slug":"were-getting-our-export-council-back","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/05\/were-getting-our-export-council-back\/","title":{"rendered":"We\u2019re getting our export council back"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Egypt is resurrecting a council responsible for overseeing the country\u2019s <\/strong><strong>exports<\/strong>, according to a presidential decision <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1922579211253768\">green-lit today<\/a> during the weekly cabinet meeting. The body \u2014 which will be headed by the president and composed of the prime minister, the central bank governor and several cabinet ministers \u2014 will be responsible for increasing the country\u2019s exports, including setting nationwide policies, as well as goals for legislative and administrative reforms supportive of trade and export growth.<\/p>\n<p><strong>Your export subsidies are under new management: <\/strong>The council will also be in charge of keeping tabs on export markets and helping businesses identify potential oversea markets. It will also aim to maximize the benefits Egypt gets from international trade agreements, and oversee the existing <a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/03\/regulations-for-egypts-new-export-subsidies-framework-7633\/\">export support program<\/a>.<\/p>\n<p><strong>Structural reform agenda item #1?<\/strong> The decision comes a week after the prime minister<a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/880fe75b-3a07-477a-93c3-c87eaad7936f\">announced a new round of economic reforms<\/a>, a chief objective of which is increasing exports in the manufacturing, telecoms and IT, and agriculture sectors.<\/p>\n<p><strong>Also from today\u2019s cabinet meeting: <\/strong><\/p>\n<p><strong>The government could soon be turning its focus to overhauling tourist sites in Sharm <\/strong><strong>El Sheikh <\/strong>under a directive from President Abdel Fattah El Sisi to get the Red Sea resort town ready for the return of tourists post-covid. Proposed projects include modernizing facilities in Naama Bay and King Abdullah Street, and improving the city\u2019s security and surveillance infrastructure.<\/p>\n<p><strong>Cabinet approved amendments to the executive regulations of the Public Enterprises Act of 1991<\/strong>. The statement did not specify what the amendments were.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt is resurrecting a council responsible for overseeing the country\u2019s exports, according to a presidential decision green-lit today during the weekly cabinet meeting. The body \u2014 which will be headed by the president and composed of the prime minister, the central bank governor and several cabinet ministers \u2014 will be responsible for increasing the country\u2019s [&hellip;]<\/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":[10041],"tags":[282,2415,633,180,100,3557,954,238,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-565803","post","type-post","status-publish","format-standard","hentry","category-speed-round-cabinet-watch","tag-cabinet-watch","tag-economic-reform-program","tag-enterprisepm","tag-legislation","tag-policy","tag-public-enterprises-act","tag-sharm-el-sheikh","tag-tourism","tag-trade","wpautop","entry"],"acf":{"mongo_id":"23f5699d-0f4f-4ca3-8d0f-4cd477349e1b","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[565795],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>We\u2019re getting our export council back - 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\/2021\/05\/05\/were-getting-our-export-council-back\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We\u2019re getting our export council back\" \/>\n<meta property=\"og:description\" content=\"Egypt is resurrecting a council responsible for overseeing the country\u2019s exports, according to a presidential decision green-lit today during the weekly cabinet meeting. 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The\u2026","rel":"","context":"In &quot;Trade&quot;","block_context":{"text":"Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/250.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":560272,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/egyptian-food-exports-unmoved-by-covid\/","url_meta":{"origin":565803,"position":1},"title":"Egyptian food exports unmoved by covid","author":"enterpriseam admin","date":"22 February 2021","format":false,"excerpt":"Covid-19 fails to dent Egypt\u2019s food exports: The widespread disruption to global trade that accompanied the covid-19 pandemic last year barely registered with Egyptian food exporters, which saw exports tick up slightly in 2020, according to figures (pdf) from the Food Export Council. The figures show that the value of\u2026","rel":"","context":"In &quot;Trade&quot;","block_context":{"text":"Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/316.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595191,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/18\/egypts-textiles-export-council-working-to-grow-exports-to-egp-4-bn-by-year-end\/","url_meta":{"origin":565803,"position":2},"title":"Egypt\u2019s textiles export council working to grow exports to EGP 4 bn by year end","author":"enterpriseam admin","date":"18 September 2019","format":false,"excerpt":"The Textiles and Readymade Garments Export Council is targeting growing the value of the sector\u2019s exports to EGP 4 bn by the end of the year, up from EGP 3 bn last year, council head Magdy Tolba said. The council is eyeing EGP 12 bn-worth of exports by 2025, with\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626579,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/05\/engineering-industries-export-council-inks-eur-1-mn-agreement-with-eu-to-promote-egyptian-exports\/","url_meta":{"origin":565803,"position":3},"title":"Engineering Industries Export Council inks EUR 1 mn agreement with EU to promote Egyptian exports","author":"enterpriseam admin","date":"5 July 2018","format":false,"excerpt":"Engineering Industries Export Council inks EUR 1 mn agreement with EU to promote Egyptian products abroad: The Engineering Industries Export Council signed a EUR 1 mn agreement with the EU earlier this year to help promote Egyptian exports, council head Amr Abu Frekha said, Al Mal reports.","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":563874,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/27\/food-exports-rise-in-1h2021\/","url_meta":{"origin":565803,"position":4},"title":"Food exports rise in 1H2021","author":"enterpriseam admin","date":"27 July 2021","format":false,"excerpt":"The value of Egypt\u2019s food exports\u2019 increased 13% y-o-y during 1H2021, reaching USD 2 bn against USD 1.8 bn in the same period last year, according to figures released by the Food Export Council yesterday. Food accounted for 13% of the country\u2019s non-oil exports during the six-month period, which saw\u2026","rel":"","context":"In &quot;Trade&quot;","block_context":{"text":"Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/264.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562136,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/09\/more-help-for-exporters\/","url_meta":{"origin":565803,"position":5},"title":"More help for exporters","author":"enterpriseam admin","date":"9 May 2021","format":false,"excerpt":"The Customs Authority will establish a new unit dedicated to investigating complaints from exporters about customs procedures, new customs boss ElShahat El Ghatwary said in a statement on Friday. The unit will be tasked with proposing solutions to improve customs clearance and remove obstacles faced by exporters.This is the second\u2026","rel":"","context":"In &quot;Customs&quot;","block_context":{"text":"Customs","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/customs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/74.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/565803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=565803"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/565803\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/565795"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=565803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=565803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=565803"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=565803"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=565803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}