Industry Committee
Committee Objectives
1. Help members in lobbying with governmental authorities to resolve
major obstacles and enhance the climate for economic progress and
investment.
2. Work on the advancement and facilitation of industrial development
and competitiveness at the fastest possible pace through: Removing
the most critical impediments, introducing new ideas, and communicating
opinions to decision makers.
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Committee Work Plan
The Industry Committee will concentrate on five key areas: reinstating
and fully stabilizing the drawback system, reducing the importation
cycle to seven days, encouraging the implementation of an Egypt-US
FTA, harmonizing Egyptian industrial regulations in line with international
standards and discussing the executive regulations of antitrust legislation.
Drawback system: Following a government decree, all imported inputs
shipped to Egypt before February 28, 2005 can be cleared using the
usual drawback system - which requires full customs duties to be paid
on semi-finished inputs though lets exports reclaim this amount when
they export products containing the finished product. Re-exported
inputs shipped after February 28 are not eligible for drawbacks, but
can be cleared under a modified system termed the "Immediate Refund
of Duties." The core group deemed this system adequate for industries
using a limited number of imported inputs, but less suitable for industries
requiring a large number of imported components. (Group leaders: Mohamed
Samir and Rami Zaki, Procter & Gamble Egypt).
Import cycle: The current import cycle slows down trade and causes
the unnecessary build-up of inventory. Last year's tariff reductions
were a step in the right direction, but further efforts to restructure
tariffs are needed. The core group will push to have the importation
cycle reduced to seven days. (Group leader: Alaa Hashim, MAC Carpet).
FTA: While regional and bilateral trade agreements have been important
to promoting Egyptian exports and improving the competitiveness of
Egyptian-made products, there are potential opportunities in an FTA
with the US. The core group will push to accelerate the conclusion
of an Egypt-US FTA, which would be a great asset to the country's
economic development. (Group leader: Omar El Derini, FAOM Consult/Red
Wing)
Standards: The implementation of international and Egyptian standards
is essential to the competitiveness of Egyptian products in global
markets. The core group will work to simplify local standards relating
to product safety, health and environment - and harmonize them with
international ones. (Group leaders: Mohamed Fahmi, SC Johnson Egypt
and Sherif Hafez, 3M Egypt Trading Ltd.).
Antitrust The Executive regulations of the Competition and Anti Monopoly
Law : Industry is concerned with the proposed new Competition
and Antitrust Law, specifically the threshold of 35 percent market
share, and the capabilities needed in the governing body that will
control any monopolistic activity. The group will continue to monitor
and provide feedback for the executive regulations of the legislation.
(Group leaders: Sherif Hafez, 3M Egypt Trading Ltd. and Rami Zaki,
Procter & Gamble Egypt).
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Contacts
Chair: Mohamed Samir, Procter & Gamble Egypt
Co-Chair: Mohamed Mansour Fahmi, SC Johnson Egypt (A Family Co.)
Sherif
Hafez, 3M Egypt Trading
List of the Industry Core Committee members
| |
Mohamed Samir |
Procter & Gamble Egypt, Chairman |
| |
Mohamed Mansour Fahmi |
SC Johnson, Co-Chairman |
| |
Sherif Hafez |
3M Egypt Trading
Ltd., Co-Chairman |
| |
Adel Garas |
Chipsy |
| |
Alaa Hashim |
Mac Carpets
|
| |
Anouar Benn Azzouz |
Unilever Mashreq |
| |
Bassem Sultan |
Bassem Sultan |
| |
Christoph Rudolf |
Vitrac |
| |
David Dyas |
Xerox Egypt S.A.E. |
| |
Don Butler |
General Motors Egypt |
| |
Ehab Abou Ouf |
Master Foods Egypt |
| |
Farid El Tobgi |
Bavarian Auto Trading |
| |
Gawad Abaza |
Cadbury Group Egypt
|
| |
Hany El Messeiry |
Golden State Foods |
| |
Hassan El Shafei |
ALU Glass |
| |
Hassan Hegazy |
Master Trading |
| |
Ihab Badawi |
SC Johnson Wax |
| |
Khaled Kandil |
ExxonMobil Egypt, S.A.E. |
| |
Lobna El Dessouky |
Coca-Cola Bottling Company of
Egypt
|
| |
Loula Zaklama |
RadaResearch |
| |
Maged El Nenai |
Johnson & Johnson (Egypt)
S.A.E.
|
| |
Mostafa El Halwagy |
Americana Group |
| |
Omar El Derini |
FAOM Consult / Red Wing |
| |
Rami Zaki |
Procter & Gamble Egypt |
| |
Ramzi Nasralla |
Wadi Group
|
| |
Stephen Warley |
Kraft Foods Egypt
|
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