Global Trade Alert
Global Trade Alert

Egypt: Central Bank lifts letter of credit import restrictions

Announcement

29 Dec 2022

On 29 December 2022, the Central Bank of Egypt lifted the requirements of a letter of credit for importing.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

29 Dec 2022

Revocation date:

No revocation date

Announced: 29 Dec 2022
Trade payment measure In force
On 29 December 2022, the Central Bank of Egypt lifted the requirement for importers to use letters of credit in the importing of goods. With this change, the Central Bank of Egypt will restore the pre...
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Liberalising Trade Policy Measures

This Thread tracks liberalising trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

14450

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