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Egypt removes white sugar import tariffs until May 30

CAIRO: Egypt removed a 20 percent import tariff on white sugar imports effective Nov.

Published November 17, 2016 Updated November 17, 2016 03:03pm

1 min

By Shoaib Ur Rehman

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CAIRO: Egypt removed a 20 percent import tariff on white sugar imports effective Nov. 10 to May 30, a prime minister decree published in the country's official gazette said on Thursday.

The tariff has impeded private importers securing supplies and has contributed to Egypt's sugar shortage crisis.

Egypt's supply minister on Nov. 3 announced the tariff would be slashed but traders have waited for an official decree to confirm the change.

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