The Chemical and Fertilizers Export Council (CEC) of Egypt has formally submitted six key proposals to Prime Minister Mostafa Madbouly. Khaled Abul Makarem, Chairperson of the CEC, highlighted these issues during a recent meeting with the Prime Minister. The CEC also reiterated its call for the Ministry of Finance to honour its commitment to refund VAT on exported goods. Moreover, Abul Makarem urged the Prime Minister to ensure the reimbursement of export burdens within a 60-day timeframe from the submission date, leveraging the digitalization of the process. Expanding on the council’s proposals, Abul Makarem advocated for the extension of shipping support to encompass global markets, not limited to Africa.

Source: Daily News Egypt June 08, 2024 22:26 UTC