No increase in prices of most imported goods: Importers Division member ...Egypt

No increase in the prices of most imported goods is expected as a result of raising the price of the customs US dollar, Ahmed Shiha, a member of the Importers Division of the Federation of Egyptian Chambers of Commerce, said, stressing that monopolists are the promoters of price hike rumors. “Most of our imports are exempt from customs and more than 85 percent of exported imports are exempt from customs,” he added, during a telephone interview with the “Al-Masry Effendi” program, broadcast on the al-Mehwar satellite channel. Shiha said”all raw materials, intermediate goods, production requirements and production lines are exempt from customs,” continuing: “All goods that come from Europe, an

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