Trade and Industry Minister Nevine Gamae
CAIRO - 17 April 2022: The official spokesperson for the Ministry of Trade and Industry Yasser Gaber denied the issuance of any decisions by the ministry that would prevent the export of Saudi products to the Egyptian market.
Gaber pointed to the ministry's keenness to provide the necessary facilities for Saudi companies, whether investing or exporting to the Egyptian market.
He affirmed that the economic and trade relations between Egypt and Saudi Arabia are witnessing a remarkable development, in light of the brotherly and friendly relations that bind the leadership, government and people of the two brotherly countries.
The spokesperson pointed out that the conditions of some Saudi companies are being reconciled according to the registration rules for factories qualified to export to the Egyptian market.
Previously, the Egyptian Export and Import Control Authority decided to stop many brands eligible to export their products to Egypt.
According to the decision of the Official Gazette, the suspension of these trademarks came due to the expiry of the validity period specified to complete the renewal of documents for registration, and its violation of Ministerial Resolution No. (43) which stipulates the need to create a register for factories and companies owning trademarks eligible to export products at the Control Authority.
The most prominent companies whose products were banned from entering Egypt as a result of being removed from the registry of the Egyptian Export and Import Control Authority are the Saudi Almarai Company, Mobaco for Industry and Trade, the South Korean LG, Dania Foods Ltd., the Jordanian Furniture Manufacturing Company, and the Middle East Pharmaceutical Industries.
As well as Al Karama Company for the production of pastries, Tiger Pack for Trade and Industry, the Middle East for Pharmaceutical Industries Ltd., and the Arab Company for Spinning, Textiles and Blankets.
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