Egypt: The government decides to continue the sugar export ban for an additional 6 months

The Egyptian Gazette published the decision of the Ministry of Investment and Foreign Trade, No. 68 of 2024, stating that Ministerial Resolution No. 88 regarding the ban on the export of sugar of all types except for surplus quantities for a period of 6 months will continue to be in effect, in issue No. 220 on October 7, 2024. Article 1 of the decision stated: Ministerial Resolution No. 88 of 2023 referred to will continue to be in effect for a period of six months. Ministerial Resolution No. 88 of 2023 stipulated the ban on the export of all types of sugar except for quantities surplus to the needs of the local market, which are estimated by the Ministry of Supply and Internal Trade, and after the approval of the Minister of Trade and Industry, for a period of three months. Estimates indicate that Egypt's total imports of raw sugar during the first 8 months ...