Circular No. ES/352/2016-17 23rd March, 2017
To: Members of the Council
Sub.: New Decrees of Egypt
Dear Member,
The Ministry of Commerce and Industry, New Delhi has sent to the Council a communication received by them from the Embassy of India, Cairo, Egypt regarding New Decrees issued by Government of the Arab Republic of Egypt.
The details of the Decrees are as follows;
Prime Minister's Decree No. 42 of the year 2017 determines the Technical and Financial requirements that must be met by investors to whom the Developed Industrial Lands at the Governorates of Upper Egypt May be allocated Free of Charge.
The Ministry Of Finance Decree No. 426 of the Year 2016 has amended certain provisions of the Executive Regulations of the Tenders and Bids law promulgated by Decree No. 1367 of the year 1998.
The above Decree has amended Certain Provisions of Law No. 21 of the year 1958 Concerning the Organization and Promotion of Industry.
The above decrees shall be published in their Official Journal, and the entity concerned shall enforce the same.
Members are requested to make a note of the same.
Thanking you,
V. ANIL KUMAR
Executive Director