2016-02-22

A circular dated February 22, 2016 regarding adding some exceptions to the import operations instructions

In a letter dated February 22, 2016, the author informs the recipient of amendments to the guidelines for import transactions, following a letter from the Governor of the Central Bank of Egypt dated December 21, 2015, and subsequent discussions with relevant entities. The amendments include changes to the conditions for import transactions based on collection documents and an exception to the 100% cash insurance requirement for essential goods such as food, production equipment, and medicines. The recipient is requested to take note and act accordingly.

Egypt

Central Bank of Egypt

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