Import Guidelines includes: the country's International Trade Laws, import steps with its three phases (planning, preparation and import) with a list of all necessary procedures and relevant documents and official bodies. In addition to the technical import requirements of a number of countries and international groups and those pertaining to the food sector, textile sector and communication and information technologies.
Egypt's International Trade Laws
The two basic laws governing international trade activity in Egypt are the Customs Tariff Law No. 66 of the year 1963 and the Import & Export Regulations Law No. 118 of the year 1975.
According to the Egyptian Customs Service (Egyptian Customs Service) http://thebesconsult.com/wp-content/uploads/2016/01/Customs-Law_661963_Ara.pdf All goods are imported except those listed in Annex No. (1) of the Import Regulation issued by Ministerial Decision No. 770 of 2005 as listed in Annex No. (1) of the Goods Suspended for Import), which includes:
- Import of guts, bird limbs and prohibition of import of bird livers and poultry
- Import of tuna with genetically treated oils
For imported goods, they shall be new except as provided in Annex No. (2) related to used goods allowed for import as well as personal effects, as well as some goods restricted to import under the terms of their own regulatory laws.
Export guidelines include: the country's International Trade Laws, import steps with its three phases (planning, preparation and Export) with a list of all necessary procedures and relevant documents and official authorities. In addition to the technical import requirements of a number of countries and international groups and those relating to the food sector, textile sector and communication and information technologies.
Egypt International Trade Laws
The two basic laws governing international trade activity in Egypt are theCustoms Tariff Law No. 66 of 1963 and the Import & Export Regulations Law No. 118 of 1975.
The Export Restrictions include as follows:
- It is allowed to export all Egyptian goods except for rawhide and goods on which export restrictions are imposed in accordance with the provisions of Articles 40 and 41 of the Executive Regulations of the Import and Export Law promulgated by Ministerial decree No. 770/2005. An example of some commodities whose export has been suspended temporarily (rice - nitrogen fertilizers.....etc)
- Import & Export Regulations
- Some commodities whose export is allowed with the approval of regulatory authority(petroleum products such as Butagas - Gasoline - NAFTA - Jet Fuel - Lubricant - Kerosene - Solaro - Diesel - Mazut - Asphalt" approved by The Egyptian General Petroleum Corporation....... etc.).
- Commodities which are subject to control can only be exported after having an investigation certificate for their conformity with the terms and specifications laid down by the decision of the Minister of Foreign Trade and Industry in agreement with the competent authorities.
- For more information, please visit this link:bit.ly
Trade agreements signed by Egypt
- Aims to facilitate and develop trade among Arab States
- Signed by 17 members of Arab League
- Offers 100% reduction on customs duties
- Greater Arab Free Trade Agreement (GAFTA)
- As a COMESA member, Egypt grants goods and products having COMESA certificates of origin free from customs duties and any other duties and charges having the equivalent effect
- Signed by 20 members of eastern and southern Africa
- Customs exemptions on all imports of products originating from member country with a value-added amounting to 45%,
- Common Market for Eastern and Southern Africa
- Aims to establish a free trade zone between Jordan, Morocco and Tunisia.
- All industrial and agricultural products shall be allowed free of customs duties or any other charge having equivalent effect immediately upon the entry into force of this Agreement.
- Agadir Free Trade Agreement
- Establishes a free-trade area between the EU and Egypt by removing tariffs on industrial products and making agricultural products easier to trade
- The free trade agreement focuses on increasing trade between both regions by reducing custom duties fee on trade gradually decreasing annually until completely eliminated for certain products
- Egypt-EU Association Agreement
- The European Free Trade Association (EFTA) member states – including Iceland, Liechtenstein, Norway and Switzerland signed a free trade agreement with Egypt
- It entered into force in 2007 in order to support and increase bilateral trade between Egypt and EFTA
- Egyptian customs duties on industrial imports from the EFTA States shal be gradually abolished until January 2020 when custom duties on all industrial products will be completely eliminated
- Free Trade Agreement between Egypt and the European Free Trade Association (EFTA)
- The Qualifying Industrial Zones (QIZ) are specific geographic areas, within the Arab Republic of Egypt, that are duty free upon entry of goods into the United States of America
- Companies established within these zones are allowed duty-free entry into the US market, provided they meet pre-determined agreed rules of origin
- QIZ industrial zones are located in Alexandria, the Suez Canal, Greater Cairo and Central Delta, and new areas have been added in Al Minya and Beni Suef
- Removing restrictions on trade in goods, including agricultural products
- Exempting Egyptian exports of industrial goods to Turkey from all customs duties and other fees and taxes upon the entry into force of the agreement
- Access to the EU market between Egypt and Turkey facilitates exporters to deal with stringent EU regulations and standards by integrating Turkish and Egyptian industries and enabling Egyptian exporters to benefit from Turkey’s EU experience
- Free Trade Agreement between Egypt and Turkey
- Egypt signed a preferential Free Trade Agreement with the Common Market of the South (Mercosur)
- It allows preferential privileges for the Egyptian exports to enter the Latin American markets, It reduces the cost of Egyptian imports from Latin American countries such as sugar, meat and soy oil
- It aims to reduce customs duties by more than 90% between Egypt and the MERCOSUR countries and eliminate customs duties on agricultural goods
- Free Trade Agreement between Egypt and the Southern Common Market (MERCOSUR)