{"id":649529,"date":"2017-03-02T04:12:40","date_gmt":"2017-03-02T04:12:40","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/cabinet-approves-amendments-to-supply-law-and-consumer-protection-act-2013-trade-facilitation-agreement-and-others-in-weekly-meeting\/"},"modified":"2017-03-02T04:12:40","modified_gmt":"2017-03-02T04:12:40","slug":"cabinet-approves-amendments-to-supply-law-and-consumer-protection-act-2013-trade-facilitation-agreement-and-others-in-weekly-meeting","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/cabinet-approves-amendments-to-supply-law-and-consumer-protection-act-2013-trade-facilitation-agreement-and-others-in-weekly-meeting\/","title":{"rendered":"Cabinet approves amendments to supply law and consumer protection act, 2013 trade facilitation agreement, and others in weekly meeting"},"content":{"rendered":"<p><strong>WEEKLY CABINET ROUNDUP: <\/strong>The Ismail cabinet\u2019s focus at its weekly meeting held yesterday was on a basket of agreements and legislative amendments. Among them: <strong>Amendments to the supply law<\/strong> that will impose prison time and fines on anyone involved in buying, selling, or smuggling subsidized food or oil with the intention of reselling at a profit. <strong>Amendments to the competition law<\/strong> to introduce harsher penalties for manipulators of basic commodities were also given the greenlight. The cabinet also apparently <strong>just got around to approving a 1959 cultural agreement with Germany<\/strong>, the day before Chancellor Angela Merkel arrives in Cairo. Subtle. Other decisions taken during yesterday\u2019s meeting include:<\/p>\n<ul type=\"disc\">\n<li>Granting preliminary approval to the <strong>executive regulations of the Civil Service Law<\/strong>;<\/li>\n<li>Approving <strong>joining the <\/strong><a href=\"https:\/\/www.wto.org\/english\/tratop_e\/tradfa_e\/tradfa_e.htm\"><strong>Trade Facilitation Agreement<\/strong><\/a> \u2014 which simplifies export and import processes between signatory countries \u2014 signed between World Trade Organization members in 2013;<\/li>\n<li>Approving an <strong>agreement to build a 200-250 MW wind farm in the Gulf of Suez<\/strong>, financed by the French Development Agency;<\/li>\n<li>Sanctioning a <strong>USD 332.2 mn compensatory financing arrangement with the Arab Monetary Fund<\/strong> from December 2015;<\/li>\n<li><strong>Extending the deadline for hotels<\/strong> to pay overdue electricity, gas, property tax, and water bills until 31 December 2017. <\/li>\n<li>Tourism Minister Yehia Rashed also said the cabinet decided to <strong>postpone and review <\/strong><a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/26\/foreign-ministry-decides-to-raise-tourist-visa-prices-faces-backlash-from-tourism-industry\/\"><strong>hiking tourist visa fees<\/strong><\/a>, according to <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=01032017&id=e65c1fc5-96a0-4c37-9070-2732bfd80773\">Al Shorouk<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>WEEKLY CABINET ROUNDUP: The Ismail cabinet\u2019s focus at its weekly meeting held yesterday was on a basket of agreements and legislative amendments. Among them: Amendments to the supply law that will impose prison time and fines on anyone involved in buying, selling, or smuggling subsidized food or oil with the intention of reselling at a [&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-649529","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"eaddddeb-b6e9-43eb-abf6-10a0d701b3f5","order":"0","is_powered_by":true,"section_story_id":"4e7b4344-d756-44ce-a21a-6e082bd6dfbb","story_type":"1","photo_url":"","photo_position":"above","related_issue":[649512],"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>Cabinet approves amendments to supply law and consumer protection act, 2013 trade facilitation agreement, and others in weekly meeting - 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\/03\/02\/cabinet-approves-amendments-to-supply-law-and-consumer-protection-act-2013-trade-facilitation-agreement-and-others-in-weekly-meeting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cabinet approves amendments to supply law and consumer protection act, 2013 trade facilitation agreement, and others in weekly meeting\" \/>\n<meta property=\"og:description\" content=\"WEEKLY CABINET ROUNDUP: The Ismail cabinet\u2019s focus at its weekly meeting held yesterday was on a basket of agreements and legislative amendments. Among them: Amendments to the supply law that will impose prison time and fines on anyone involved in buying, selling, or smuggling subsidized food or oil with the intention of reselling at a [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/cabinet-approves-amendments-to-supply-law-and-consumer-protection-act-2013-trade-facilitation-agreement-and-others-in-weekly-meeting\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-02T04:12:40+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\/03\/02\/cabinet-approves-amendments-to-supply-law-and-consumer-protection-act-2013-trade-facilitation-agreement-and-others-in-weekly-meeting\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/cabinet-approves-amendments-to-supply-law-and-consumer-protection-act-2013-trade-facilitation-agreement-and-others-in-weekly-meeting\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Cabinet approves amendments to supply law and consumer protection act, 2013 trade facilitation agreement, and others in weekly meeting\",\"datePublished\":\"2017-03-02T04:12:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/cabinet-approves-amendments-to-supply-law-and-consumer-protection-act-2013-trade-facilitation-agreement-and-others-in-weekly-meeting\/\"},\"wordCount\":233,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/cabinet-approves-amendments-to-supply-law-and-consumer-protection-act-2013-trade-facilitation-agreement-and-others-in-weekly-meeting\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/cabinet-approves-amendments-to-supply-law-and-consumer-protection-act-2013-trade-facilitation-agreement-and-others-in-weekly-meeting\/\",\"name\":\"Cabinet approves amendments to supply law and consumer protection act, 2013 trade facilitation agreement, and others in weekly meeting - 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