With effect from 26 March 2016, the National Bank of Ukraine (the "NBU") has excluded export-credit agency loans from cross-border loan prepayment restrictions and made several adjustments that, among other, enable the parties to modify interest payment terms of cross-border loans.
The Ministry of Trade and Industry of the Arab Republic of Egypt has adopted the "Decree Concerning the Amendment of The Rules Governing the Registration of the Companies Eligible to Export Their Goods to the Arab Republic of Egypt" No. 43 of the year 2016 (the "Decree").
The Decree provides for establishment of the record of companies eligible to import their goods to the Arab Republic of Egypt. In accordance with the Decree, the goods shall not be placed at the market of Egypt, unless they are produced or imported by the companies listed in the respective record. Registration of companies is available online at the official website of the General Administration for Export and Import Control (the "GAEIC").
Furthermore, the Decree sets forth conditions for registration (1) by manufacturers and (2) by trademark owners.
In order to be registered the manufacturers shall submit a registration form with the following documents attached: (1) documents certifying legal status of the company and its license; (2) a list of the goods and trademarks produced and owned by the manufacturer; (3) trademarks, under which the goods are produced; (4) a certificate confirming use of the relevant quality management system. Such certificate shall be issued by an accredited body of the International Laboratory Accreditation Cooperation, the International Accreditation Forum, or by a competent (duly authorized) Egyptian or foreign authority.
Companies which own trademarks shall submit: (1) a certificate of registration of the trademark and of the goods produced thereunder; (2) a document containing information about the distribution centers for the goods produced under the company's trademark; (3) a certificate confirming use of the relevant quality management system by the trademark owner. Such certificate shall be issued by an accredited body of the International Laboratory Accreditation Cooperation, the International Accreditation Forum, or by a competent (duly authorized) Egyptian or foreign authority.
All documents submitted for registration of a company shall be duly certified.
Moreover, shall the registration office have doubts as to the documents submitted, the applicant concerned may not be registered and listed in the record, unless the registration office receives all the necessary confirmation data.
For details, please contact the counsel of the International Trade Practice Andrew Zablotskyi.
| List of products which import is subject to registration of the manufacturer: | ||
| 1 | Milk and milk products for retail sale. | From Items 04.01-04.02-04.03-04.05-04.06 |
| 2 | Preserved and dried fruits for retail sale. | Chapter 8 |
| 3 | Oils and fats for retail sale. | Chapter 15 |
| 4 | Sugar confectionaries. | 17.04 |
| 5 | Chocolate and food products containing cocoa for retail sale. | From Item l8.06 |
| 6 | Baking and prepared foods from cereals, bread products and pastries. | 19.02-19.04-19.05 |
| 7 | Fruit juices for retail sale | From Item 20.09 |
| 8 | Natural and mineral water, aerated water. | 22.01-22.02 |
| 9 | Beauty and make-up products, preparations for oral or dental hygiene, personal deodorants and antiperspirants, and perfumed preparations. | 3303-33.04-33.05-33.06-33.07 |
| 10 | Soap and washing preparations used as soap put up for retail sale. | 3401.11-3401.19-3401.2090- 3401.30-3402.20-3402.9090 |
| 11 | Cutlery and kitchen utensils. | 39.24-4419-69.11-69.12-73.23-7418.10- 7615.10-8211.10-8211.91-82.15 |
| 12 | Baths, shower-baths, sinks, wash-basins, bidets, lavatory pans, seats and covers. | 3922.10-3922.20-69.10-7324.10-7324.21- 7324.29-7418.20-7508.9020-7615.20 |
| 13 | Toilet paper and similar paper, babies and sanitary napkins | 9619-(except 4818.1090)-48.18-4803 |
| 14 | Refractory bricks, blocks, tiles for household use. | 6802.10-6802.2110-6802.9110-6904.40-6810.19-69.07-6908 |
| 15 | Tableware glass articles. | 70.13 |
| 16 | Iron and steel bars and rods. | 72.13-72.14-72.15 |
| 17 | Household electrical appliances (stoves, fryers, air conditioners, fans, washing machines, blenders and heaters). | 73.21-73.22-8414.51-8415.10-8415.81-8415.82-8415.83-8418.10-8418.21-8418.29-8418.30-8418.40-8422.11-8450.11-8450.12-8450.19-8451.21-8508.11-8509.40-8509.80-8516.10-8516.21-8516.32-8516.32-8516.40-8516.50-8516.60-8516.71-8516.72-8516.79-8527.12-8527.13-8527.19-8527.91-8527.92-8527.99-8528.71-8528.7220-8528.7290-8528.73 |
| 18 | Home and Office furniture. | 9401.30-9401.40-9401.51-9401.59-9401.61-9401.69-9401.7190-9401.79-9401.8090-94.03-94.04 |
| 19 | Bicycles, motorcycles and those with auxiliary motors. | 87.11-87.12 |
| 20 | Watches. | From Chapter 91 |
| 21 | Lightening equipment for household use. | 9405.10-9405.20-9405.30-9405.4090 |
| 22 | Toys. | 95.03 |
| 23 | Textiles, clothing, carpets, blankets, furnishing fabrics. |
50.07-51.11-51.12-5113-52.08-52.09-52.10-52.11-52.12-53.09-5311-54.07-5408-55.12-55.13-55.14-55.15-55.16-58.01-58.02-58.04-58.05-58.09-5810.1090-5810.91-5810.92-5810.99 Chapter 60 Chapter 61 (except 6113.0010-6114.3010-6115.10-6116.1010)-Chapter 62 (except 6210.1010-6210.2010-6210.3010-6210.4010-6210.5010-6211.3910-6211.4910-6212.2010-6212.9010-6216.0010-6217) Chapter 63 (except 63.07) |
| 24 | Floor coverings. | Chapter 57 39.18-4016.91 |
| 25 | Footwear | 64.01-64.02-64.03-64.04-64.05 |
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