{"id":567022,"date":"2020-01-09T04:05:55","date_gmt":"2020-01-09T04:05:55","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/egypt-scraps-customs-on-turkish-cars\/"},"modified":"2020-01-09T04:05:55","modified_gmt":"2020-01-09T04:05:55","slug":"egypt-scraps-customs-on-turkish-cars","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/egypt-scraps-customs-on-turkish-cars\/","title":{"rendered":"Egypt scraps customs on Turkish cars"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> The Egyptian Customs Authority has begun applying the 0% customs rate on imported Turkish cars as stipulated in the <a href=\"https:\/\/www.trade.gov.tr\/free-trade-agreements\/egypt\">Egypt-Turkey Free Trade Agreement<\/a>, <a href=\"https:\/\/alborsaanews.com\/2020\/01\/01\/1281338\">according to a brochure seen by the local press<\/a>. Turkish exporters, which previously paid a 10% customs rate, will still pay VAT and development fees. Low customs rates for foreign car manufacturers have been controversial among local auto companies, which <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/08\/earnings-watch-gb-auto-egypt-kuwait-holding-talaat-moustafa-group\/\">have complained that<\/a> they are unable to compete with the imported European vehicles.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Egyptian Customs Authority has begun applying the 0% customs rate on imported Turkish cars as stipulated in the Egypt-Turkey Free Trade Agreement, according to a brochure seen by the local press. Turkish exporters, which previously paid a 10% customs rate, will still pay VAT and development fees. Low customs rates for foreign car manufacturers [&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":[9291],"tags":[144,2370,309,72,69,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-567022","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive","tag-automotive-transportation","tag-customs","tag-enterpriseam","tag-tax","tag-trade","wpautop","entry"],"acf":{"mongo_id":"743289f5-a78b-48c3-972b-44ce5ba9b940","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[566988],"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>Egypt scraps customs on Turkish cars - 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\/2020\/01\/09\/egypt-scraps-customs-on-turkish-cars\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt scraps customs on Turkish cars\" \/>\n<meta property=\"og:description\" content=\"The Egyptian Customs Authority has begun applying the 0% customs rate on imported Turkish cars as stipulated in the Egypt-Turkey Free Trade Agreement, according to a brochure seen by the local press. Turkish exporters, which previously paid a 10% customs rate, will still pay VAT and development fees. Low customs rates for foreign car manufacturers [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/egypt-scraps-customs-on-turkish-cars\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-09T04:05:55+00:00\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/egypt-scraps-customs-on-turkish-cars\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/egypt-scraps-customs-on-turkish-cars\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt scraps customs on Turkish cars\",\"datePublished\":\"2020-01-09T04:05:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/egypt-scraps-customs-on-turkish-cars\/\"},\"wordCount\":80,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"automotive\",\"Automotive + Transportation\",\"customs\",\"EnterpriseAM\",\"tax\",\"trade\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/egypt-scraps-customs-on-turkish-cars\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/egypt-scraps-customs-on-turkish-cars\/\",\"name\":\"Egypt scraps customs on Turkish cars - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-01-09T04:05:55+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/egypt-scraps-customs-on-turkish-cars\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/egypt-scraps-customs-on-turkish-cars\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/egypt-scraps-customs-on-turkish-cars\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egypt scraps customs on Turkish cars\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Egypt scraps customs on Turkish cars - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/egypt-scraps-customs-on-turkish-cars\/","og_locale":"en_US","og_type":"article","og_title":"Egypt scraps customs on Turkish cars","og_description":"The Egyptian Customs Authority has begun applying the 0% customs rate on imported Turkish cars as stipulated in the Egypt-Turkey Free Trade Agreement, according to a brochure seen by the local press. 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In a letter to the prime minister, the Japanese carmakers asked that they receive the same benefits provided to other companies from other countries by trade agreements.\u2026","rel":"","context":"In &quot;Health + Education&quot;","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597542,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/cabinet-approves-final-customs-package-for-car-makers\/","url_meta":{"origin":567022,"position":1},"title":"Cabinet approves final customs package for car makers","author":"enterpriseam admin","date":"30 July 2019","format":false,"excerpt":"EXCLUSIVE- Cabinet approves final amendments on auto manufacturing incentives package: The Madbouly Cabinet has approved final amendments to the Customs Act that will provide customs discounts to car manufacturers in return for increasing their use of local components, two government officials told Enterprise. The updated amendments split customs breaks into\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594689,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/04\/car-manufacturers-say-floating-customs-exchange-rate-adds-more-burdens-on-the-industry\/","url_meta":{"origin":567022,"position":2},"title":"Car manufacturers say floating customs exchange rate adds more burdens on the industry","author":"enterpriseam admin","date":"4 September 2019","format":false,"excerpt":"Floating customs exchange rate adds to car manufacturers\u2019 concerns: The government\u2019s recent move to float the customs exchange rate presents additional obstacles for local car assemblers and could lead to more price increases in an already troubled market, Egyptian Automobile Manufacturers Association (EAMA) spokesman Khaled Saad told Al Mal. No\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":630606,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/26\/gb-auto-boss-expects-car-prices-to-remain-high-after-zero-tariff-cars-from-the-eu-enter-the-market-in-2019-pushes-on-automotive-directive\/","url_meta":{"origin":567022,"position":3},"title":"GB Auto boss expects car prices to remain high after zero-tariff cars from the EU enter the market in 2019, pushes on automotive directive","author":"enterpriseam admin","date":"26 April 2018","format":false,"excerpt":"GB Auto boss expects car prices to remain high after zero-tariff cars from the EU enter the market in 2019: Don\u2019t expect auto prices to go down once customs on cars imported from the European Union fall to zero next January, our friend GB Auto Chairman Raouf Ghabbour tells Al\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595540,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/30\/govt-looking-to-impose-development-tax-on-cars\/","url_meta":{"origin":567022,"position":4},"title":"Gov\u2019t looking to impose development tax on cars","author":"enterpriseam admin","date":"30 September 2019","format":false,"excerpt":"EXCLUSIVE- Gov\u2019t mulls industry-wide development tax for the automotive industry: The government is considering imposing a development tax on all imported and locally produced cars, two government sources told Enterprise. The idea of a sliding tax that varies with engine size is now being discussed by a ministerial committee tasked\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1903.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":603135,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/government-finishes-draft-car-manufacturing-customs-tax-incentives-program\/","url_meta":{"origin":567022,"position":5},"title":"Government finishes draft car manufacturing customs tax incentives program","author":"enterpriseam admin","date":"16 April 2019","format":false,"excerpt":"EXCLUSIVE- It looks like the government\u2019s strategy for the automotive sector could soon see the light of day: The finance and trade ministries are finishing work their (not-the-automotive-directive) incentive program to encourage automotive manufacturing in Egypt, a senior government official told us. The program will grant customs discounts for auto\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/31.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\/567022","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=567022"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/567022\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/566988"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=567022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=567022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=567022"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=567022"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=567022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}