{"id":674249,"date":"2025-10-26T00:00:00","date_gmt":"2025-10-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/26\/china-eyes-duties-exemption-for-egyptian-exports\/"},"modified":"2025-10-26T00:00:00","modified_gmt":"2025-10-26T00:00:00","slug":"china-eyes-duties-exemption-for-egyptian-exports","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/26\/china-eyes-duties-exemption-for-egyptian-exports\/","title":{"rendered":"China eyes duties exemption for Egyptian exports"},"content":{"rendered":"

Good afternoon, friends, and welcome to the start of a fresh, new workweek<\/strong> \u2014 the last one before we say goodbye to daylight saving time, so be mindful of any scheduling adjustments coming up.<\/p>\n

\n

THE BIG STORY TODAY-<\/p>\n

? Egyptian goods could be entering China duty<\/strong>free<\/strong> as early <\/strong>as the end of November<\/strong>, as China continues to boost diplomatic and economic relations with African nations, unnamed government sources told Al Borsa<\/a>. The news follows Chinese Ambassador Liao Liqiang\u2019s comments Thursday that the world\u2019s second most populous nation was studying exempting Egyptian exports from import duties, according to a Trade Ministry statement<\/a>.<\/p>\n

The move will play a big role in rebalancing Egypt\u2019s trade relationship with the world\u2019s <\/strong>factory<\/strong>, along with bolstering exports and supporting USD investment flows, Cairo Chamber of Commerce\u2019s Exporters Division head Ahmed Zaki told EnterpriseAM. Chinese exports to Egypt outnumbered those going the other way by 29x, with Egypt exporting only USD 578 mn worth of goods, compared to China\u2019s USD 16.8 bn, according to the Chinese Foreign Affairs Ministry. State statistics agency Capmas\u2019 count has Chinese imports at a slightly smaller USD 15.7 bn and Egyptian exports roughly the same.<\/p>\n

China is working to give <\/strong>no-tariff<\/strong> access to all of the 53 African nations China has <\/strong>diplomatic relations with<\/strong>, Chinese Foreign Minister Wang Yi said<\/a> at the opening of the China-Africa Economic and Trade Expo in June. The scrapping of tariffs across the whole continent extends its existing policy for least developed countries to include middle-income nations, including Egypt, while adding additional support to least developed countries.<\/p>\n

\n

THE BIG STORY ABROAD-<\/p>\n

? Two<\/strong> suspects were arrested over the theft of the French crown jewels from <\/strong>the Louvre museum\u2019s Apollo gallery last week<\/strong>, French media reports. One of the two men arrested was caught ahead of escaping to Algeria by way of Paris Charles de Gaulle Airport. Both men are in their thirties and were reportedly already known to the police. The arrests were made Saturday evening. (CNN<\/a> | BBC<\/a>)<\/p>\n

OVER IN THE BUSINESS PRESS-<\/strong> Less than a day after announcing a 10% tariff hike on<\/a>Canada<\/a>, US President Donald Trump has struck several trade agreements with Asian countries in Kuala Lumpur, Malaysia, on day one of a trade-heavy, continent-wide trip which will see him meet with several key Asian leaders, CNN<\/a> reports. <\/p>\n

Leading the news is a trade agreement and critical minerals pact between Trump and <\/strong>Malaysian Prime Minister Anwar Ibrahim.<\/strong> \u201c[Malaysia] is going to be modifying its tariffs and non-tariff barriers, and we intend to have a lot more trade,\u201d Bloomberg<\/a> quoted US Trade Representative Jamieson Greer as saying. A reciprocal trade agreement was also signed with Cambodia.<\/p>\n

A trade agreement between the US and Vietnam is also set to be finalized \u201cin the <\/strong>coming weeks,\u201d<\/strong> Reuters<\/a> reports. The agreement would see reciprocal tariffs set at 0-20%, according to a joint statement<\/a> published by the White House. \u201cVietnam will provide preferential market access for substantially all U.S. industrial and agricultural exports to Vietnam,\u201d the statement reads. <\/p>\n

ALSO- <\/strong>The recently reignited trade war between the US and China<\/a> may be on its way to getting extinguished. US and Chinese negotiators have reached an amicable agreement ahead of the scheduled meeting between Trump and his Chinese counterpart, Xi Jinping, later this week, the Financial<\/a>Times<\/a> reports. Both countries may also extend the trade truce \u2014 currently set to expire on 10 November \u2014 according to US Treasury Secretary Scott Bessent. <\/p>\n

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The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

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\"enterprise\"<\/p>\n

*** It\u2019s Inside Industry day \u2014 your weekly Sunday briefing of all things industrial in <\/strong>Egypt.<\/strong> Inside Industry explores what it takes to turn Egypt into a manufacturing and export powerhouse, ranging from initial investment and planning through to product distribution, land allocation, industrial processes, supply chain management, labor, automation and technology, inputs and exports, and regulation and policy.<\/p>\n

In today\u2019s issue:<\/strong> We\u2019re taking a deep dive into the Russian Industrial Zone, set to break ground in 2026.<\/p>\n

\u2600\ufe0f TOMORROW\u2019S WEATHER-<\/strong> We\u2019re in for a warm, overcast day tomorrow, with temperatures in Cairo set to peak at 31\u00b0C before dropping to 21\u00b0C, according to our favorite weather app.<\/p>\n","protected":false},"excerpt":{"rendered":"

Good afternoon, friends, and welcome to the start of a fresh, new workweek \u2014 the last one before we say goodbye to daylight saving time, so be mindful of any scheduling adjustments coming up. THE BIG STORY TODAY- ? 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The move is meant to counter alleged subsidies\u2026","rel":"","context":"In "Speed Round"","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":585520,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/19\/tonight-egyptian-soldiers-caught-in-sudan-will-be-handed-over-soon-rsf-says\/","url_meta":{"origin":674249,"position":2},"title":"TONIGHT: Egyptian soldiers caught in Sudan will be handed over soon, RSF says","author":"enterpriseam admin","date":"19 April 2023","format":false,"excerpt":"Good afternoon, wonderful people. Pat yourselves on the back for making it through the last work day of Ramadan \u2014 and nearly to the finish line of the holy month. We hope you all have a restful, enjoyable long weekend with family and friends. Enterprise will be off starting from\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/114.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":579004,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/22\/tub-tubs-for-moscows-trade-move\/","url_meta":{"origin":674249,"position":3},"title":"Tub-tubs for Moscow\u2019s trade move","author":"enterpriseam admin","date":"22 January 2023","format":false,"excerpt":"It was a quiet night on the airwaves last night, with the pundits praising the Bank of Russia\u2019smove last week to approve the EGP as a trade currency, as well as the arrival of the first flight to Egypt from China in years.Moscow\u2019s inclusion of the EGP as a currency\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/364.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":645243,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/16\/china-approves-egyptian-grape-exports\/","url_meta":{"origin":674249,"position":4},"title":"China approves Egyptian grape exports","author":"enterpriseam admin","date":"16 July 2017","format":false,"excerpt":"China approved regulations for importing Egyptian grapes which came into effect on Wednesday, Trade and Industry Minister Tarek Kabil said, according to Al Masry Al Youm. 15 Egyptian farms and 15 distribution companies have been approved by the Chinese for exports. Egypt is also in negotiations with China to export\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642956,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/27\/no-anti-dumping-duties-on-steel-imported-from-belgium-and-china\/","url_meta":{"origin":674249,"position":5},"title":"No anti-dumping duties on steel imported from Belgium and China","author":"enterpriseam admin","date":"27 August 2017","format":false,"excerpt":"The Trade and Industry Ministry will not impose anti-dumping duties on steel imported from Belgium and China, according to a statement from the ministry. The ministry found that the imports do not impact the local market and that the fee would affect the competitiveness of Egypt\u2019s electrical appliances abroad.The ministry\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","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\/674249","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=674249"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/674249\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/674247"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/674250"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=674249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=674249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=674249"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=674249"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=674249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}