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Egypt’s Trade and Industry Minister Amr Nassar extended fees on the country’s crust leather exports for one year to start May 2.
The decision is meant to meet local demands for crust leather, said Amany el Wassal, head of the agreements sector at the Ministry of Trade and Industry, Sunday, adding that this should also help increase the value added of national products.
Applicable since 2017, the fees have contributed to reducing prices of crust leather in Egypt and have positively reflected on final products, Wassal added.
Crust leather is the leather which is dried after tanning but has not yet been dyed.
Source: MENA