{"id":674100,"date":"2025-10-23T00:00:00","date_gmt":"2025-10-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/23\/govt-wraps-up-work-on-new-trade-policy-framework\/"},"modified":"2025-10-23T00:00:00","modified_gmt":"2025-10-23T00:00:00","slug":"govt-wraps-up-work-on-new-trade-policy-framework","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/23\/govt-wraps-up-work-on-new-trade-policy-framework\/","title":{"rendered":"Gov\u2019t wraps up work on new trade policy framework"},"content":{"rendered":"

The Invest<\/strong>ment Ministry has finalized the country\u2019s new trade policy document<\/strong> \u2014 seen by EnterpriseAM \u2014 aimed at crafting policies that deepen local manufacturing and reducing imports of intermediate and capital goods, while expanding exports of goods with comparative advantages \u2014 in line with the government\u2019s plan to double exports.<\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

Breaking down our imports: <\/strong>Egypt\u2019s imports are dominated by engineering and electronic goods, which reached USD 24 bn in 2024. They were followed by chemical products, fertilizers, and building materials. Agricultural imports also held a significant share of our imports for the year \u2014 between USD 9\u201312 bn \u2014 driven by higher imports of grains and other food commodities. Our imports come in from the UE, China, Arab countries, and the US, while trade with Africa remains limited, highlighting untapped markets, a concentration of trade partners, and dependence on a narrow supplier base. <\/p>\n

The document calls for coordination among various policies <\/strong>\u2014 including trade, industrial, fiscal, and monetary policies \u2014 under a comprehensive national program to support Egyptian exports. This includes strengthening the production base, expanding export capacity, and increasing the added value of Egyptian products\u2014 all to balance trade and sustainably reduce the trade deficit.<\/p>\n

It additionally highlights aligning trade policy with production, social, and environmental <\/strong>policies through a package of incentives and reforms. <\/strong>Linking investment and trade is also essential to address structural imbalances in the trade balance and to open up to new markets. <\/p>\n

The policy focuses on securing supply chains<\/strong> through offering preferential prices and terms, by maximizing the benefits of all trade agreements and engaging in dialogue with international patterns, the document highlights. <\/p>\n

The new framework seeks to replace trade restrictions with structural reforms<\/strong>, in a bid to improve the efficiency of supply chains and trade-related logistics, as well as reducing customs clearance times. <\/p>\n

ICYMI- <\/strong>The Finance Ministry recently finalized<\/a> a package of custom facilities, that includes launching a new pricing platform for frequently imported goods, enabling six-month installment payments for customs duties, and postponing customs duty collection via the Nafeza system until goods arrive. <\/p>\n

What\u2019s next? <\/strong>The new trade policy document will be shared with the business community and relevant stakeholders to incorporate their technical feedback and ensure a clear and comprehensive policy. <\/p>\n","protected":false},"excerpt":{"rendered":"

The policy aims to deepen local manufacturing and reduce imports of intermediate and capital goods<\/p>\n","protected":false},"author":1,"featured_media":674101,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[8516],"tags":[309,72,100,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-674100","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade","tag-customs","tag-enterpriseam","tag-policy","tag-trade","wpautop","entry"],"acf":{"mongo_id":"a3902473-8d57-4524-812e-abd460b69f74","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/8\/1296.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt wraps up work on new trade policy framework","related_issue":[674089],"teaser":"The policy aims to deepen local manufacturing and reduce imports of intermediate and capital goods","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/10\/.885c18de-e433-417f-9c63-44cf13fd42ec.mp3"},"yoast_head":"\nGov\u2019t wraps up work on new trade policy framework - 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Central bank figures released last month showed non-oil exports rose to USD 5.3 bn in 1Q2021. Accounting for\u2026","rel":"","context":"In "Trade"","block_context":{"text":"Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/231.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555150,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/03\/govt-really-wants-us-to-cut-down-on-imports\/","url_meta":{"origin":674100,"position":1},"title":"Gov\u2019t really wants us to cut down on imports","author":"enterpriseam admin","date":"3 November 2021","format":false,"excerpt":"Import substitution is back on the Cabinet\u2019s priority list: The government is setting up a new committee on import substitution and growing domestic manufacturing, according to a statement following the weekly cabinet meeting. The committee is mandated with laying out proposed steps to encourage industrial investments in the sectors specified\u2026","rel":"","context":"In "Cabinet watch"","block_context":{"text":"Cabinet watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/cabinet-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593378,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/libyan-restrictions-on-ceramics-imports-could-halve-egyptian-exports\/","url_meta":{"origin":674100,"position":2},"title":"Libyan restrictions on ceramics imports could halve Egyptian exports","author":"enterpriseam admin","date":"26 November 2019","format":false,"excerpt":"Libyan restrictions on ceramics imports could halve Egyptian exports: A recent decision from Libya\u2019s cabinet banning ceramics imports from land crossings is threatening to cause a 50% drop in Egyptian ceramics and marble exports, according to Al Shorouk. 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Sonbol yesterday met with the planning\u2026","rel":"","context":"In "Development finance"","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/387.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543897,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/23\/more-clarity-from-cbe-on-new-import-rules\/","url_meta":{"origin":674100,"position":5},"title":"More clarity from CBE on new import rules","author":"enterpriseam admin","date":"23 February 2022","format":false,"excerpt":"The Central Bank of Egypt has responded in a document to queries from importers on its recently issued rules requiring them to get letters of credit (L\/Cs) for their purchases instead of the common practice of documentary collection, Hapi Journal reports, picking up a story from state news agency MENA.Temporary\u2026","rel":"","context":"In "Trade"","block_context":{"text":"Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/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\/674100","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=674100"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/674100\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/674089"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/674101"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=674100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=674100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=674100"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=674100"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=674100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}