{"id":628788,"date":"2018-05-14T04:10:12","date_gmt":"2018-05-14T04:10:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/14\/is-cabinet-getting-serious-about-import-substitution\/"},"modified":"2018-05-14T04:10:12","modified_gmt":"2018-05-14T04:10:12","slug":"is-cabinet-getting-serious-about-import-substitution","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/14\/is-cabinet-getting-serious-about-import-substitution\/","title":{"rendered":"Is cabinet getting serious about import substitution?"},"content":{"rendered":"<p><strong>Early sign that Cabinet is getting serious about import substitution? <\/strong>The government has ordered a study of the total import of goods and services over the last three years, Prime Minister Sherif Ismail told representatives of a number of business and investor associations. The study will help the government set policy priorities for which goods can be manufactured by the private sector here, a move he says will help reduce unemployment and the current account deficit while relieving strain on FX reserves, Ismail said, <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/inves.aspx\">according to a statement<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Early sign that Cabinet is getting serious about import substitution? The government has ordered a study of the total import of goods and services over the last three years, Prime Minister Sherif Ismail told representatives of a number of business and investor associations. The study will help the government set policy priorities for which goods [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628788","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"e64ca50b-2eae-4ea0-b487-f5d5090adb4f","order":"0","is_powered_by":true,"section_story_id":"8a9e4de0-d1f1-4688-b6db-69a9c70d6e39","story_type":"1","photo_url":"","photo_position":"above","related_issue":[628771],"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>Is cabinet getting serious about import substitution? - 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\/2018\/05\/14\/is-cabinet-getting-serious-about-import-substitution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is cabinet getting serious about import substitution?\" \/>\n<meta property=\"og:description\" content=\"Early sign that Cabinet is getting serious about import substitution? The government has ordered a study of the total import of goods and services over the last three years, Prime Minister Sherif Ismail told representatives of a number of business and investor associations. 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The committee is mandated with laying out proposed steps to encourage industrial investments in the sectors specified\u2026","rel":"","context":"In &quot;Cabinet watch&quot;","block_context":{"text":"Cabinet watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/cabinet-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599393,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/26\/goeic-to-revoke-10k-companies-rights-to-import-their-goods-into-egypt\/","url_meta":{"origin":628788,"position":1},"title":"GOEIC to revoke 10k companies\u2019 rights to import their goods into Egypt","author":"enterpriseam admin","date":"26 June 2019","format":false,"excerpt":"The General Organization for Export and Import Control (GOEIC) is planning to remove 10k companies from its importers database, which will prevent these companies from importing goods, GOEIC head Ismail Gaber said, according to the local press. Gaber did not disclose the names of any of the companies, or the\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":630123,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/12\/ismail-cabinet-signs-off-on-egp-200-bn-egypt-sovereign-wealth-fund\/","url_meta":{"origin":628788,"position":2},"title":"Ismail Cabinet signs off on EGP 200 bn Egypt sovereign wealth fund","author":"enterpriseam admin","date":"12 April 2018","format":false,"excerpt":"MOST EPIC CABINET WATCH EVER- Ismail Cabinet signs off on a EGP 200 bn Egypt sovereign wealth fund: The Ismail Cabinet on Wednesday signed off on legislation establishing an Egyptian sovereign wealth fund, charged with investing state funds locally and abroad across all vehicles and assets, according to a statement\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":631883,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/29\/council-of-state-to-refer-customs-act-back-to-cabinet-next-week\/","url_meta":{"origin":628788,"position":3},"title":"Council of State to refer Customs Act back to Cabinet next week","author":"enterpriseam admin","date":"29 March 2018","format":false,"excerpt":"LEGISLATION WATCH- The Council of State (Maglis Al Dawla) is reportedly expecting to refer the new Customs Act back to the Cabinet next week. 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The draft law, which had received the Ismail Cabinet\u2019s sign off in February, is expected to slash\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":638967,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/18\/natural-gas-act-executive-regulations-to-be-ready-this-month\/","url_meta":{"origin":628788,"position":5},"title":"Natural Gas Act executive regulations to be ready this month","author":"enterpriseam admin","date":"18 October 2017","format":false,"excerpt":"In news on other closely watched legislation, the executive regulations for the Natural Gas Act will be finalized this month and sent over to the Ismail Cabinet for review, the recently-appointed head of the new market regulator, Karem Mahmoud, tells Youm7. 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