The Planning and Budget Committee in the parliament plans to demand that the government provide justification for Thursday’s decision to increase the customs tariff on 320 commodities deemed “provocative” or “unnecessary,” as well as the exemption of poultry imports from customs tariffs. The government must clarify which goods have qualified for this increase and the proportion of imports to Egypt that these goods account for, parliamentary sources told Daily News Egypt. The sources described the government’s decision making as “random and confusing”, particularly the decision to exempt poultry from customs tariffs for six months. 538 for 2016 last week which amended some import customs tariff categories according to Decree No.184 for 2013. The new decision serves to increase tariffs by 60% on 320 commodities.

Source: Daily News Egypt December 04, 2016 13:38 UTC