{"id":647924,"date":"2017-05-23T03:43:05","date_gmt":"2017-05-23T03:43:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/committee-studying-alternatives-to-automotive-directive-to-submit-report-next-week\/"},"modified":"2017-05-23T03:43:05","modified_gmt":"2017-05-23T03:43:05","slug":"committee-studying-alternatives-to-automotive-directive-to-submit-report-next-week","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/committee-studying-alternatives-to-automotive-directive-to-submit-report-next-week\/","title":{"rendered":"Committee studying alternatives to automotive directive to submit report next week"},"content":{"rendered":"<p>The joint CBE-auto industry committee studying alternatives to the automotive directive will submit a report to bank Governor Tarek Amer next week, <a href=\"http:\/\/www.alborsanews.com\/2017\/05\/20\/1024163\">Al Borsa said on Monday<\/a>. Back <a href=\"https:\/\/enterprise.press\/stories\/2017\/04\/05\/cbe-committee-to-develop-auto-industry-completes-its-report\/\">in April,<\/a> it was announced that the committee \u2014 which has the backing of detractors of the automotive directive \u2014 had completed its report, the results of which did not differ all that much from terms of the directive. The Trade Ministry had said <a href=\"https:\/\/enterprise.press\/stories\/2017\/05\/11\/trade-ministry-to-amend-automotive-directive\/\">earlier this month<\/a> that it plans to revise some unspecified sections of the directive after the EU\u2019s ambassador to Cairo confirmed that it violates FTAs with the EU. The bill proposes giving local assemblers and manufacturers payouts and tax breaks to protect them against what are perceived as unfair advantages enjoyed by European, Turkish, and Moroccan imports.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The joint CBE-auto industry committee studying alternatives to the automotive directive will submit a report to bank Governor Tarek Amer next week, Al Borsa said on Monday. Back in April, it was announced that the committee \u2014 which has the backing of detractors of the automotive directive \u2014 had completed its report, the results of [&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":[2370,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647924","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"220c176b-2ed4-412f-b554-b9e8a1117799","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[647895],"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>Committee studying alternatives to automotive directive to submit report next week - 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\/05\/23\/committee-studying-alternatives-to-automotive-directive-to-submit-report-next-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Committee studying alternatives to automotive directive to submit report next week\" \/>\n<meta property=\"og:description\" content=\"The joint CBE-auto industry committee studying alternatives to the automotive directive will submit a report to bank Governor Tarek Amer next week, Al Borsa said on Monday. Back in April, it was announced that the committee \u2014 which has the backing of detractors of the automotive directive \u2014 had completed its report, the results of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/committee-studying-alternatives-to-automotive-directive-to-submit-report-next-week\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-23T03:43:05+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\/05\/23\/committee-studying-alternatives-to-automotive-directive-to-submit-report-next-week\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/committee-studying-alternatives-to-automotive-directive-to-submit-report-next-week\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Committee studying alternatives to automotive directive to submit report next week\",\"datePublished\":\"2017-05-23T03:43:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/committee-studying-alternatives-to-automotive-directive-to-submit-report-next-week\/\"},\"wordCount\":139,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Automotive + Transportation\",\"EnterpriseAM\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/committee-studying-alternatives-to-automotive-directive-to-submit-report-next-week\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/committee-studying-alternatives-to-automotive-directive-to-submit-report-next-week\/\",\"name\":\"Committee studying alternatives to automotive directive to submit report next week - 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It\u2019s backing the automotive directive, recommending that domestic content requirements be hiked to 70%. Sources from the committee tell Al Mal that the cabinet shuffle was behind the delay in issuing the report. The committee\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":646318,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/12\/trade-and-industry-ministry-form-committee-to-resolve-issues-with-the-automotive-directive\/","url_meta":{"origin":647924,"position":1},"title":"Trade and Industry Ministry form committee to resolve issues with the automotive directive","author":"enterpriseam admin","date":"12 June 2017","format":false,"excerpt":"Trade and Industry Ministry forms committee to break deadlock over automotivedirective: The Trade and Industry Ministry is forming a committee of Federation of Egyptian Industries and Industrial Development Authority (IDA) officials to look into resolving the deadlock on the automotive directive, Al Borsa reported last Thursday. The move is the\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":642673,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/no-consensus-on-the-automotive-directive-risks-delaying-passing-the-act-till-after-november\/","url_meta":{"origin":647924,"position":2},"title":"No consensus on the automotive directive risks delaying passing the act till after November","author":"enterpriseam admin","date":"20 August 2017","format":false,"excerpt":"The lack of consensus within the auto industry on the automotive directive appears to be showing no signs of improvement. This is the primary reason cited by auto industry insiders who spoke to Al Shorouk as to why they doubt statements by House Industry Committee Chair Ahmed Samir that the\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651739,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/20\/house-to-conclude-automotive-directive-discussions-next-week\/","url_meta":{"origin":647924,"position":3},"title":"House to conclude Automotive Directive Discussions next week","author":"enterpriseam admin","date":"20 February 2017","format":false,"excerpt":"And that\u2019s not all, as it seems there is light at the end of the tunnel that is the House for the automotive directive. The House of Representatives\u2019 Industry Committee will set a date to vote on the Automotive Directive in the general assembly once the legislation is final. When\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":653001,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/24\/house-of-representatives-has-resumed-discussions-on-the-automotive-directive\/","url_meta":{"origin":647924,"position":4},"title":"House of Representatives has resumed discussions on the automotive directive","author":"enterpriseam admin","date":"24 January 2017","format":false,"excerpt":"The House of Representatives' Industry Committee has resumed discussions on the automotive directive after announcing earlier this month it decided to postpone its review of the directive \u201cpending further studies,\u201d according to Al Shorouk. The directive \u2014 which would give incentives to local assemblers to go further up the value\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":647924,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647924","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=647924"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647924\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/647895"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=647924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=647924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=647924"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=647924"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=647924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}