{"id":648951,"date":"2017-04-18T03:58:23","date_gmt":"2017-04-18T03:58:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/18\/wto-completes-review-of-egypts-trading-practices\/"},"modified":"2017-04-18T03:58:23","modified_gmt":"2017-04-18T03:58:23","slug":"wto-completes-review-of-egypts-trading-practices","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/18\/wto-completes-review-of-egypts-trading-practices\/","title":{"rendered":"WTO completes review of Egypt\u2019s trading practices"},"content":{"rendered":"<p><strong>The World Trade Organization has<\/strong><strong>completed its review on Egypt\u2019s trade policies<\/strong> and had very nice things to say about them apparently, according to statements attributed to the WTO delegation by <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=15042017&id=02734a9d-f427-4e07-abad-bf140a71a5bf\">Al Shorouk<\/a>. The delegation was apparently impressed by the government\u2019s efforts to revamp its trade policies and its \u201c2020 export strategy.\u201d They noted the level of cooperation which they said had facilitated future policy reviews. The platitudes-ridden statement does not provide concrete opinions on specific policy which have been brought to the WTO, including the exporters registry and (possibly) the automotive directive which has upset European manufacturers.<\/p>\n<p>This comes as <strong>six major export councils have formulates their collective strategy for <\/strong><strong>boosting Egypt\u2019s non-oil exports to USD 34 bn by 2020<\/strong>, <a href=\"http:\/\/www.alborsanews.com\/2017\/04\/14\/1010678\">Al Borsa<\/a> reports. Targets set by the strategy include raising construction materials exports 145% from their 2015 levels to USD 7.7 bn, increasing petrochemicals exports to USD 6.6 bn, up 124%, and food industries to USD 4.6 bn, a jump of 76%. Among the challenges they name to reach these targets are high electricity and gas prices for industry, weak logistical capabilities, especially when exporting to west Africa. Financing was also named as a challenge, stating that EGP 20 bn in funding are needed and should be offered at 10% interest to factories that are exporting. The councils will discuss their strategy with Kabil soon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The World Trade Organization hascompleted its review on Egypt\u2019s trade policies and had very nice things to say about them apparently, according to statements attributed to the WTO delegation by Al Shorouk. The delegation was apparently impressed by the government\u2019s efforts to revamp its trade policies and its \u201c2020 export strategy.\u201d They noted the level [&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":[9285],"tags":[2398,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-648951","post","type-post","status-publish","format-standard","hentry","category-diplomacy-foreign-trade","tag-diplomacy-foreign-trade","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"fd84450d-763a-4ec1-bfc3-ba89083c8837","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[648920],"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>WTO completes review of Egypt\u2019s trading practices - 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\/04\/18\/wto-completes-review-of-egypts-trading-practices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WTO completes review of Egypt\u2019s trading practices\" \/>\n<meta property=\"og:description\" content=\"The World Trade Organization hascompleted its review on Egypt\u2019s trade policies and had very nice things to say about them apparently, according to statements attributed to the WTO delegation by Al Shorouk. The delegation was apparently impressed by the government\u2019s efforts to revamp its trade policies and its \u201c2020 export strategy.\u201d They noted the level [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/18\/wto-completes-review-of-egypts-trading-practices\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-18T03:58:23+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\/04\/18\/wto-completes-review-of-egypts-trading-practices\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/18\/wto-completes-review-of-egypts-trading-practices\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"WTO completes review of Egypt\u2019s trading practices\",\"datePublished\":\"2017-04-18T03:58:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/18\/wto-completes-review-of-egypts-trading-practices\/\"},\"wordCount\":225,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Diplomacy + Foreign Trade\",\"EnterpriseAM\"],\"articleSection\":[\"Diplomacy + Foreign Trade\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/18\/wto-completes-review-of-egypts-trading-practices\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/18\/wto-completes-review-of-egypts-trading-practices\/\",\"name\":\"WTO completes review of Egypt\u2019s trading practices - 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We expect the discussions 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":648865,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/13\/egypt-needs-to-look-towards-more-trade-and-investment-partners-beyond-the-us-wto-official\/","url_meta":{"origin":648951,"position":1},"title":"Egypt needs to look towards more trade and investment partners beyond the US -WTO official","author":"enterpriseam admin","date":"13 April 2017","format":false,"excerpt":"Our friendship with Trump doesn\u2019t mean we should follow his protectionist ways: Egypt has to look to more trade and investment partners than just the US if it hopes to grow as a global player, World Trade Organization (WTO) Trade Service Division Director Abdel Hamid Mamdouh said on Wednesday, according\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592847,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/egypts-industry-ministry-to-meet-wto-officials-next-week\/","url_meta":{"origin":648951,"position":2},"title":"Egypt's Industry Ministry to meet WTO officials next week","author":"enterpriseam admin","date":"7 November 2019","format":false,"excerpt":"WTO to talk export promotion with Egypt: The World Trade Organization (WTO) will hold meetings with the Industry Ministry, the Egyptian Accreditation Council, and the Egyptian Organization for Standards & Quality next Tuesday and Wednesday to discuss infrastructure development and export promotion, according to the local press. The upcoming meeting\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635797,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/13\/egypt-brazil-forming-joint-economic-committee\/","url_meta":{"origin":648951,"position":3},"title":"Egypt, Brazil forming joint economic committee","author":"enterpriseam admin","date":"13 December 2017","format":false,"excerpt":"Egypt and Brazil are studying forming a joint economic committee to facilitate trade, said Trade and Industry Minister Tarek Kabil, Ahram Gate reports. His statements follow a meeting with his Brazilian counterpart Marcos Pereira and Brazil\u2019s Foreign Minister Aloysio Nunes on the sidelines of the World Trade Organization (WTO) ministerial\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651221,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/07\/egypt-and-us-to-strengthen-economic-ties\/","url_meta":{"origin":648951,"position":4},"title":"Egypt and US to strengthen economic ties","author":"enterpriseam admin","date":"7 February 2017","format":false,"excerpt":"The US apparently considering enacting new measures such as easing restrictions which would facilitate trade with Egypt, particularly in food and agriculture, according to statements made by a delegation of the US Foreign Agriculture Service (FAS) which met with Supply Minister Mohamed Ali El Sheikh on Sunday. \u201cWe anticipate growth\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634490,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/egyptian-delegation-heading-to-guinea-to-tap-into-export-market\/","url_meta":{"origin":648951,"position":5},"title":"Egyptian delegation heading to Guinea to tap into export market","author":"enterpriseam admin","date":"16 January 2018","format":false,"excerpt":"A delegation headed by top presidential aide Ibrahim Mahlab is heading to Guinea today to develop the country as an export market for Egypt\u2019s goods, Vice President of the Federation of Egyptian Industries\u2019 furniture division Abdel Halim Al Iraqi tells Al Borsa. The delegation will be focused on discussing the\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/648951","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=648951"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/648951\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/648920"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=648951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=648951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=648951"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=648951"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=648951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}