{"id":569660,"date":"2020-03-03T04:08:38","date_gmt":"2020-03-03T04:08:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/03\/govt-considering-full-customs-exemption-on-imports-of-auto-components\/"},"modified":"2020-03-03T04:08:38","modified_gmt":"2020-03-03T04:08:38","slug":"govt-considering-full-customs-exemption-on-imports-of-auto-components","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/03\/govt-considering-full-customs-exemption-on-imports-of-auto-components\/","title":{"rendered":"Gov\u2019t considering full customs exemption on imports of auto components"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>The government is considering a full customs exemption on imports of auto <\/strong><strong>components:<\/strong> The Trade Ministry could grant a full customs exemption on imports of auto components as part of its strategy to incentivize local manufacturers, <a href=\"https:\/\/alborsaanews.com\/2020\/03\/02\/1302936\">the local press reports<\/a>, citing unnamed government sources. Nissan and Toyota <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/07dfe0c4-0373-4ea6-a062-f25ab0a8dbb5\">requested earlier this year<\/a> that the government exempt them from paying customs on imported parts, asking that they receive the same benefits provided to other companies from other countries covered by trade agreements.<\/p>\n<p><strong>This apparently is just one proposal on the table for the government\u2019s long-gestating strategy to help local manufacturers,<\/strong> who have long complained that they are unable to compete with imported zero-customs European vehicles. The ministry is reportedly also considering reducing customs on all cars to 10% in addition to the 30-125% development fees. <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/30\/cabinet-approves-final-customs-package-for-car-makers\/\">We were told last summer<\/a> that the cabinet had settled on a plan that would have reduced customs for companies to 5.6-20%, depending on the percentage of local content used.<\/p>\n<p><strong>The ministry is planning to finalize the strategy within the coming weeks<\/strong> before sending to cabinet for review, the sources said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government is considering a full customs exemption on imports of auto components: The Trade Ministry could grant a full customs exemption on imports of auto components as part of its strategy to incentivize local manufacturers, the local press reports, citing unnamed government sources. Nissan and Toyota requested earlier this year that the government exempt [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":569661,"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":[8572],"tags":[4698,144,72,4697,2532,2380,1231],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-569660","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-auto-manufacturing-incentives","tag-automotive","tag-enterpriseam","tag-gustoms","tag-nissan","tag-speed-round","tag-toyota","wpautop","entry"],"acf":{"mongo_id":"dd69394c-915d-4def-b83d-e3e2c9737161","is_powered_by":true,"section_story_id":"b2b6f3be-9fbf-42f1-bed7-dccbc3b1a289","story_type":"1","photo_url":"https:\/\/ent.news\/2020\/3\/41.jpg","photo_position":"above","related_issue":[569646],"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>Gov\u2019t considering full customs exemption on imports of auto components - 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\/03\/03\/govt-considering-full-customs-exemption-on-imports-of-auto-components\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t considering full customs exemption on imports of auto components\" \/>\n<meta property=\"og:description\" content=\"The government is considering a full customs exemption on imports of auto components: The Trade Ministry could grant a full customs exemption on imports of auto components as part of its strategy to incentivize local manufacturers, the local press reports, citing unnamed government sources. Nissan and Toyota requested earlier this year that the government exempt [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/03\/govt-considering-full-customs-exemption-on-imports-of-auto-components\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-03T04:08:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/41.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\/2020\/03\/03\/govt-considering-full-customs-exemption-on-imports-of-auto-components\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/03\/govt-considering-full-customs-exemption-on-imports-of-auto-components\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gov\u2019t considering full customs exemption on imports of auto components\",\"datePublished\":\"2020-03-03T04:08:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/03\/govt-considering-full-customs-exemption-on-imports-of-auto-components\/\"},\"wordCount\":195,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/03\/govt-considering-full-customs-exemption-on-imports-of-auto-components\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/3\/41.jpg?fit=%2C&ssl=1\",\"keywords\":[\"auto manufacturing incentives\",\"automotive\",\"EnterpriseAM\",\"Gustoms\",\"Nissan\",\"SPEED ROUND\",\"Toyota\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/03\/govt-considering-full-customs-exemption-on-imports-of-auto-components\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/03\/govt-considering-full-customs-exemption-on-imports-of-auto-components\/\",\"name\":\"Gov\u2019t considering full customs exemption on imports of auto components - 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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":603135,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/government-finishes-draft-car-manufacturing-customs-tax-incentives-program\/","url_meta":{"origin":569660,"position":1},"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":[]},{"id":630283,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/17\/future-investments-in-egypt-from-nissan-toyota-ride-on-the-automotive-directive\/","url_meta":{"origin":569660,"position":2},"title":"Future investments in Egypt from Nissan, Toyota ride on the Automotive Directive","author":"enterpriseam admin","date":"17 April 2018","format":false,"excerpt":"Future investments in Egypt from Nissan, Toyota ride on the Automotive Directive: Japanese automakers Nissan and Toyota are waiting on the Automotive Directive to decide on how to expand their investments in Egypt, economic counselor at the Japanese embassy in Cairo Hiro Ichiba said. The two companies would invest more\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":627340,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/30\/govt-plans-to-scrap-automotive-directive-and-will-replace-it-with-special-zones\/","url_meta":{"origin":569660,"position":3},"title":"Gov\u2019t plans to scrap Automotive Directive and will replace it with special zones","author":"enterpriseam admin","date":"30 July 2018","format":false,"excerpt":"EXCLUSIVE- Gov\u2019t plans to scrap automotive directive, looks to replace it with special economic zones: The Madbouly Cabinet has decided to scrap the automotive directive \u2014 the long awaited government strategy to grow the domestic auto industry by granting local assemblers incentives to move further up the value chain to\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":682339,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/01\/21\/no-more-exempting-imported-mobile-phones-from-customs\/","url_meta":{"origin":569660,"position":4},"title":"No more exempting imported mobile phones from customs","author":"enterpriseam admin","date":"21 January 2026","format":false,"excerpt":"Expats in town for short stays will receive a 90-day exemption from the customs and fees","rel":"","context":"In &quot;The Big Story Today&quot;","block_context":{"text":"The Big Story Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-big-story-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/7\/1632.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":621492,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/11\/has-the-eu-rejected-egypts-proposal-to-delay-delay-0-customs-duties-on-car-imports\/","url_meta":{"origin":569660,"position":5},"title":"Has the EU rejected Egypt\u2019s proposal to delay delay 0% customs duties on car imports?","author":"enterpriseam admin","date":"11 November 2018","format":false,"excerpt":"Has the EU rejected Egypt\u2019s proposal to delay 0% customs duties on car imports? 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