Egypt - Local Poultry Growers Want Tariffs to Protect Industry

[sharon sanders]

Investors refuse to abolish customs tariffs on imported poultry to protect local industry

كتب يسري الهواري ٢٧/٦/٢٠٠٨

BOOKS applies Al Hawwari 27/6/2008
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INVESTORS refused cancellation of customs tariffs currently applied to imported poultry, which amounts to 30&#37;, the Government has already frozen for a limited period in 2006 and 2007 against the backdrop of rising prices and decline of domestic production after the emergence of bird flu in Egypt.

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They demanded to maintain the customs tariff on imported poultry to preserve the local industry which can not compete with imported case of cancellation of the tariff and rise in the price of fodder mad and production requirements imported from abroad.

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They claimed some response to the cancellation of customs on imported poultry, that the abolition of tariffs will not solve the problem before the retreat and rising prices, especially as the volume of import does not exceed 5 thousand tons per month, representing about 8 million chickens enough consumption for 4 days only, while the volume of domestic production 2 million chickens a day sufficient to meet consumption needs and to cover any unexpected increase in poultry in the month of Ramadan.

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The engineer said Tarek Tawfik, chairman of the Chamber of Food Industries: The prices of poultry in Egypt, so the decline amounted to 9.5 pounds per kilogram despite the continued increase in the price of fodder and production requirements, adding that local industry is in a better position now, but the abolition of customs on imported poultry May return to square one again.

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Tawfiq added that he could maintain the tariff with the benefit of revenues estimated at 50 million pounds for the final consumer.

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He pointed out that the union of poultry producers pledged in a formal speech to the Holding Company for Food Industries providing about one thousand tons at a price not exceeding 14 pounds run consumer and to preserve the price despite any increase in the prices of new fodder.

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He noted that the chamber discussed the matter with Minister of Commerce and would be discussed with the minister of agriculture in the coming days to emphasize the seriousness of the abolition of customs on imported poultry and posed a threat to domestic industry investments exceeding 20 billion pounds.

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He said Dr Abdulaziz Mr. Chief of the Division of poultry wealth: that 80% of the production requirements are imported from abroad so that they are at a competitive price with the imported poultry.

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He added that domestic production exceeded 2 million chickens per day and is ready to supply all the needs of the local market now and throughout the holy month of Ramadan.

. For his part, Khaled Aboismaeil President of the Federation of Chamber of Commerce earlier and the largest importer of poultry that he rejects the abolition of customs on imported poultry, stressing that the beneficiary is the first foreign companies exporting poultry to rapidly see prices increase to about $ 3000 per ton in 2400 compared to a current $ flag immediately after the abolition of customs In Egypt.

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He added that the current tariff as a protection for domestic industry, stressing that the abolition of customs will not solve the problem of poultry in Egypt, the volume of imports does not exceed 5 thousand tons, sufficient to meet consumption needs for 4 days only the side of price rises significantly more than the local product.

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He said: that will not import more than 10 thousand tons in case of cancellation of customs, which are not sufficient to meet local market needs, and therefore support the local industry is the best way to overcome the crisis.

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