{"id":637139,"date":"2017-11-08T04:04:20","date_gmt":"2017-11-08T04:04:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/08\/trade-ministry-to-grant-temporary-licenses-for-importers-who-dont-yet-comply-with-import-registry-act\/"},"modified":"2017-11-08T04:04:20","modified_gmt":"2017-11-08T04:04:20","slug":"trade-ministry-to-grant-temporary-licenses-for-importers-who-dont-yet-comply-with-import-registry-act","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/08\/trade-ministry-to-grant-temporary-licenses-for-importers-who-dont-yet-comply-with-import-registry-act\/","title":{"rendered":"Trade Ministry to grant temporary licenses for importers who don\u2019t yet comply with Import Registry Act"},"content":{"rendered":"

The General Authority for Export and Import Control will grant temporary licenses to importers who are currently unable to meet the December deadline to comply with amendments to the Importers Registry Act, the authority\u2019s head Ismail Gaber said, according to Al Mal<\/a>. The Trade and Industry Ministry had extended to December<\/a> the deadline to comply with the new act, which increases the minimum capital for importers and imposes stricter penalties for violation of import regulations in a bid tighten import controls. Gaber implied that the move was part of a number of measures to improve Egypt\u2019s cross border trade rankings in the World Bank\u2019s Doing Business report. Egypt was ranked 170th globally on that metric in the 2018 report<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The General Authority for Export and Import Control will grant temporary licenses to importers who are currently unable to meet the December deadline to comply with amendments to the Importers Registry Act, the authority\u2019s head Ismail Gaber said, according to Al Mal. The Trade and Industry Ministry had extended to December the deadline to comply […]<\/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":[9315],"tags":[72,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637139","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"aeb22da8-f92d-4859-86d2-a8d6eca2eb31","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[637100],"teaser":"","voice_url":""},"yoast_head":"\nTrade Ministry to grant temporary licenses for importers who don\u2019t yet comply with Import Registry Act - 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\/2017\/11\/08\/trade-ministry-to-grant-temporary-licenses-for-importers-who-dont-yet-comply-with-import-registry-act\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trade Ministry to grant temporary licenses for importers who don\u2019t yet comply with Import Registry Act\" \/>\n<meta property=\"og:description\" content=\"The General Authority for Export and Import Control will grant temporary licenses to importers who are currently unable to meet the December deadline to comply with amendments to the Importers Registry Act, the authority\u2019s head Ismail Gaber said, according to Al Mal. The Trade and Industry Ministry had extended to December the deadline to comply […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/08\/trade-ministry-to-grant-temporary-licenses-for-importers-who-dont-yet-comply-with-import-registry-act\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-08T04:04:20+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\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\/2017\/11\/08\/trade-ministry-to-grant-temporary-licenses-for-importers-who-dont-yet-comply-with-import-registry-act\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/08\/trade-ministry-to-grant-temporary-licenses-for-importers-who-dont-yet-comply-with-import-registry-act\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Trade Ministry to grant temporary licenses for importers who don\u2019t yet comply with Import Registry Act\",\"datePublished\":\"2017-11-08T04:04:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/08\/trade-ministry-to-grant-temporary-licenses-for-importers-who-dont-yet-comply-with-import-registry-act\/\"},\"wordCount\":138,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Other Business News of Note\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/08\/trade-ministry-to-grant-temporary-licenses-for-importers-who-dont-yet-comply-with-import-registry-act\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/08\/trade-ministry-to-grant-temporary-licenses-for-importers-who-dont-yet-comply-with-import-registry-act\/\",\"name\":\"Trade Ministry to grant temporary licenses for importers who don\u2019t yet comply with Import Registry Act - 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The Trade Ministry gave businesses six months to comply with\u2026","rel":"","context":"In "Other Business News of Note"","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":599393,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/26\/goeic-to-revoke-10k-companies-rights-to-import-their-goods-into-egypt\/","url_meta":{"origin":637139,"position":3},"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 "Other Business News of Note"","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":636232,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/27\/capital-markets-act-amendments-to-move-to-plenary-session-soon-nasr\/","url_meta":{"origin":637139,"position":4},"title":"Capital Markets Act amendments to move to plenary session soon -Nasr","author":"enterpriseam admin","date":"27 December 2017","format":false,"excerpt":"LEGISLATION WATCH- The House of Representatives\u2019 Economics Committee is expected to finalize its review of the amended Capital Markets Act \u201csoon\u201d and pass it along for a plenary session vote, Investment and International Cooperation Minister Sahar Nasr said yesterday, according to Al Mal. 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