BR100 Decreased By (-0.29%)
BR30 Increased By (0%)
KSE100 Decreased By (-0.29%)
KSE30 Decreased By (-0.38%)
AGHA 7.75 Decreased By ▼ -0.06 (-0.77%)
BECO 5.17 Decreased By ▼ -0.04 (-0.77%)
BML 57.55 Increased By ▲ 0.05 (0.09%)
BOP 34.41 Increased By ▲ 0.38 (1.12%)
CNERGY 10.02 Increased By ▲ 0.06 (0.6%)
CSIL 5.33 Increased By ▲ 0.02 (0.38%)
FCCL 54.55 Decreased By ▼ -0.15 (-0.27%)
FFL 16.63 Decreased By ▼ -0.06 (-0.36%)
FNEL 1.25 Increased By ▲ 0.02 (1.63%)
KEL 7.34 Decreased By ▼ -0.06 (-0.81%)
KOSM 5.78 Increased By ▲ 0.01 (0.17%)
LOTCHEM 29.30 Decreased By ▼ -0.02 (-0.07%)
MLCF 93.91 Decreased By ▼ -0.45 (-0.48%)
NBP 202.48 Decreased By ▼ -0.57 (-0.28%)
NCPL 57.25 Increased By ▲ 0.25 (0.44%)
NPL 67.85 Increased By ▲ 0.15 (0.22%)
OGDC 316.25 Increased By ▲ 0.41 (0.13%)
PACE 10.60 Decreased By ▼ -0.04 (-0.38%)
PAEL 42.92 Decreased By ▼ -0.28 (-0.65%)
PIBTL 16.65 Decreased By ▼ -0.09 (-0.54%)
PPL 219.29 Decreased By ▼ -0.49 (-0.22%)
PRL 50.40 Increased By ▲ 1.21 (2.46%)
PTC 70.40 Decreased By ▼ -0.13 (-0.18%)
SSGC 27.79 Decreased By ▼ -0.46 (-1.63%)
TBL 9.78 Decreased By ▼ -0.08 (-0.81%)
TELE 8.71 Decreased By ▼ -0.08 (-0.91%)
TPL 18.60 Increased By ▲ 0.36 (1.97%)
TPLP 13.56 Increased By ▲ 0.29 (2.19%)
TREET 22.66 Decreased By ▼ -0.06 (-0.26%)
TRG 60.00 Decreased By ▼ -0.14 (-0.23%)

imageCAIRO: Egypt's General Organization for Export and Import Control (GOEIC) will replace the quarantine as the body responsible for inspecting strategic agricultural imports, according to a new government decree, after a standoff over wheat hampered trade.

The decree, issued by the prime minister and published in the official gazette on Sunday, said the GOEIC would have sole responsibility for inspecting wheat and other important agricultural goods and any such imports would require its approval.

The decree follows the resolution of a months-long standoff over wheat import rules that hampered the country's ability to purchase grains from abroad. It stipulates that companies still have the option of sending delegations abroad to inspect their cargoes at ports of origin at the expense of the supplying company.

Copyright Reuters, 2016

Comments

Comments are closed for this article.