{"id":641619,"date":"2017-09-27T03:59:44","date_gmt":"2017-09-27T03:59:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/el-moselhy-announces-logistics-focused-internal-trade-strategy-at-amcham-luncheon\/"},"modified":"2017-09-27T03:59:44","modified_gmt":"2017-09-27T03:59:44","slug":"el-moselhy-announces-logistics-focused-internal-trade-strategy-at-amcham-luncheon","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/el-moselhy-announces-logistics-focused-internal-trade-strategy-at-amcham-luncheon\/","title":{"rendered":"El Moselhy announces logistics-focused internal trade strategy at AmCham luncheon"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Supply Minister Ali El Moselhy unveiled his ministry\u2019s strategy to overhaul the country\u2019s <\/strong><strong>domestic trade framework <\/strong>at an AmCham luncheon held yesterday. The strategy is particularly focused on logistics for agricultural commodities and appears to draw heavily on years of work on the question funded by USAID.<\/p>\n<p><strong>Cutting spoilage from farm to table: <\/strong>The strategy relies largely on establishing logistics centers \u2014 the first of which will be launched in Gharbiya next month \u2014 and hypermarket complexes across 22 governorates to reduce the number of times commodities are transported before reaching the end user. <strong>Streamlining the process would drive down costs by cutting out middlemen and also push down spoilage<\/strong>, which El Moselhy says currently hovers at 15-20%.<\/p>\n<p><strong>Clear role for the private sector: <\/strong>El Moselhy minister stressed that while he was setting a policy vision, the strategy will be implemented entirely by the private sector. Land for the logistics and market centers will be allocated through public tenders. The strategy comes as part of the ministry\u2019s vision of transforming Egypt into a regional trade destination, the minister added,<\/p>\n<p>Other takeaways from the gathering:<\/p>\n<ul type=\"disc\">\n<li>El Moselhy said his <strong>decision earlier this year to force producers to clearly display <\/strong><strong>prices on their goods was \u201cmisconstrued\u201d<\/strong> as requiring them to print the prices on the individual packages. The minister said that he is open to negotiating how the decision is implemented \u2014 whether by adding price labels to cartons carrying several packages, or clearly listing the cost on invoices \u2014 as long as manufacturers\u2019 suggested retail prices are available somewhere to avoid price-gouging by merchants. <\/li>\n<li>El Moselhy again hinted that a <strong>new tier-based system<\/strong> may be in the works as the ministry continues to overhaul the subsidy system<\/li>\n<li><strong>Sugar reserves are currently \u201cmore than enough\u201d to cover 4.5 months\u2019 worth of <\/strong><strong>consumption<\/strong> until production season kicks off in January, so there\u2019s no imminent shortage of the white stuff as was the case last year.<\/li>\n<li><strong>The rejection of two wheat shipments (<\/strong><a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/22\/egypt-considering-rejecting-63k-tonne-shipment-of-romanian-wheat\/\"><strong>one Romanian<\/strong><\/a><strong> and <\/strong><a href=\"https:\/\/enterprise.press\/stories\/2017\/09\/11\/company-says-agriculture-quarantine-finding-poppy-seeds-in-wheat-shipment-raises-questions\/\"><strong>the other French<\/strong><\/a><strong>) out of a total of 10-15 since July<\/strong> came simply because the shipments did not meet specs. El Moselhy <a href=\"https:\/\/enterprise.press\/stories\/2017\/09\/26\/govt-completes-romanian-wheat-shipment-sieving-el-moselhy\/\">had said a day earlier<\/a> that sieving of Romanian wheat had been completed, a statement refuted by Agriculture Ministry source <a href=\"http:\/\/ara.reuters.com\/article\/businessNews\/idARAKCN1C01FK\">to Reuters<\/a>. The source said that the decision on what to do with the shipment will be made after the sieving is completed. The government is trying to send the markets a message that everything is under control, one trader said, explaining El Moselhy\u2019s statements. <\/li>\n<\/ul>\n<p>Separately, El Moselhy announced yesterday that <strong>subsidy card holders will only be allowed to receive their daily allocation of subsidized bread from bakeries in the governorate where they officially reside<\/strong>, <a href=\"http:\/\/www.almalnews.com\/Story\/347178\/14\/%D8%A7%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%86-%D8%AA%D8%B9%D8%AF%D9%8A%D9%84-%D9%85%D9%86%D8%B8%D9%88%D9%85%D8%A9-%D8%B5%D8%B1%D9%81-%D8%A7%D9%84%D8%AE%D8%A8%D8%B2-%D8%A7%D9%84%D9%85%D8%AF%D8%B9%D9%85-\">according to Al Mal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Supply Minister Ali El Moselhy unveiled his ministry\u2019s strategy to overhaul the country\u2019s domestic trade framework at an AmCham luncheon held yesterday. The strategy is particularly focused on logistics for agricultural commodities and appears to draw heavily on years of work on the question funded by USAID. Cutting spoilage from farm to table: The strategy [&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-641619","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"db679f95-6feb-47ef-b17c-8a8891dd81e1","order":"0","is_powered_by":true,"section_story_id":"0c1b548a-a29b-400a-a779-55d0c14efbf2","story_type":"1","photo_url":"","photo_position":"above","related_issue":[641601],"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>El Moselhy announces logistics-focused internal trade strategy at AmCham luncheon - 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\/09\/27\/el-moselhy-announces-logistics-focused-internal-trade-strategy-at-amcham-luncheon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Moselhy announces logistics-focused internal trade strategy at AmCham luncheon\" \/>\n<meta property=\"og:description\" content=\"Supply Minister Ali El Moselhy unveiled his ministry\u2019s strategy to overhaul the country\u2019s domestic trade framework at an AmCham luncheon held yesterday. The strategy is particularly focused on logistics for agricultural commodities and appears to draw heavily on years of work on the question funded by USAID. 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The project \u2014 dubbed\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573646,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/12\/egyptian-commodity-exchange-law-will-be-with-parliament-in-october-says-el-moselhy\/","url_meta":{"origin":641619,"position":1},"title":"Egyptian Commodity Exchange law will be with Parliament in October, says El Moselhy","author":"enterpriseam admin","date":"12 August 2020","format":false,"excerpt":"LEGISLATION WATCH- Cabinet will submit the law that will establish the Egyptian Commodity Exchange to the House of Representatives in its next legislative session, which is set to begin in October, Supply Minister Ali El Moselhy said, according to Masrawy. El Moselhy did not provide any details on the legislation.\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":593141,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/subsidized-food-prices-to-be-reviewed-every-quarter-el-moselhy\/","url_meta":{"origin":641619,"position":2},"title":"Subsidized food prices to be reviewed every quarter -El Moselhy","author":"enterpriseam admin","date":"19 November 2019","format":false,"excerpt":"Subsidized food prices to be reviewed every quarter -El Moselhy: Prices of commodities subsidized by ration cards will be reviewed every quarter in line with the EGP\u2019s performance against the USD, Supply Minister Ali El Moselhy said yesterday, according to Bloomberg. 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