Egypt: Something unexpected happened with the apple crop in Poland

With the introduction of the Russian embargo in 2014, Poland's main apple export market fell out, but with hard work it was possible to build and expand the Egyptian export market over the years and to supply the Great Bear via Belarus. Last year, on December 6, Belarus also imposed an embargo in response to border disturbances over the refugee issue, and now the Egyptian market has been threatened by a completely incomprehensible administrative provision, writes the FruitVeB Hungarian Fruit and Vegetable Interprofessional Organization and Product Council. Poland has exported thousands of tons of apples to Egypt every month for the past five years and has become the second most important supplier after the Italians. In comparison, there is little understanding of the Egyptian government’s introduction in February that importers would be required to open a so-called letter of credit with a domestic bank, which would not be a problem in itself. A letter of credit is one of the ...