Ali Moselhi, minister of supply and internal trade, said producers could go to jail © amcham.org
Ali Moselhi, minister of supply and internal trade, said producers could go to jail © amcham.org

Food producers object to Egyptian price tag decree

17 October 2017

A new Egyptian decree forcing food producers to put price tags on their products or face jail time will increase pressure on an industry already squeezed by austerity, according to food manufacturers.

Egypt has been trying to encourage investment and promote growth to revive the economy, which has struggled since a 2011 uprising and subsequent unrest that drove tourists and foreign investors out of the country.

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