Sugar will likely be cheaper, the Minister of Commerce bans its export for 3 months

The Minister of Commerce and Trade has determined to keep up the ban on the export of sugar of every kind, aside from portions which exceed the wants of the citizen on the native market and that are estimated by the Ministry of Provide and Inside Commerce, for a interval of three months which is able to begin from September 20 of this 12 months, in line with what was printed within the choice within the Official Gazette.

Sugar – Supply: editor-in-chief of Egyptian Stars

The choice must be disseminated in all customs ports, beginning subsequent week, to be activated, the ban choice having been made on March 24.

Decision by the Minister of Trade and Industry to ban the export of sugar
Determination of the Minister of Commerce and Trade to ban the export of sugar – Supply: Youm7

It’s value noting that the final choice to ban the export of sugar was taken final March and the ban will proceed till final June.

The second article of the choice stipulates publication within the Egyptian Official Gazette and it’ll come into drive from the date of its publication.