Egypt suspends imports from over 800 companies

Egypt suspends imports from over 800 companies
# 18 April 2022 05:02 (UTC +04:00)

Egypt’s General Organization for Import and Export Control (GOEIC) announced the suspension of import activities to Egypt for over 800 companies and factories for violating Resolution No. 43 of 2016 of the Ministry of Trade and Industry, APA reports citing Egyptian Street News.

The resolution dictates that commercial imports will not enter Egypt unless the factories they are manufactured in are registered, or come from trademark-owning companies that are registered in accordance with the specified law.

According to a document published on the official GOEIC website, over 800 companies have been suspended from importing their products.

Noted that two Russian companies are among the violators.

They are Makfa Public Corporation, an agricultural exporter, and T-Cosmetics LTD, a manufacturer of perfumery and cosmetics.

Imports from the mentioned companies are henceforth suspended until the renewal of their registration. Upon renewal of registration and proof of quality certifications, the suspended companies can resume importing their products. Understandably, products manufactured and traded within Egypt from the same companies are exempted from the suspension.

Furthermore, registration documents can also be submitted through a company’s respective embassies and consulates. The amendment also highlighted that registration documents yet to expire can renew immediately as long as it occurs 30 days prior to the expiry date.

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