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المصري اليوم
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Amin: Dollar fees strain parallel market
The article discusses the decision by Alexandria Container and Cargo Handling Company to impose new dollar-based fees on container and export services. Engineer Ehab Mahmoud, Secretary of the Transport and Logistics Committee of the Democratic Generation Party, considers this a retrogressive step that harms efforts to improve the export environment and the investment attractiveness of Egypt. He explained that imposing charges for container entry, retention, and exit increases the final costs of Egyptian products, thereby diminishing their competitiveness in international markets. This threatens the national goal of developing the export sector and transforming Egypt into a global trade and logistics hub. He also called for suspending the implementation of these fees until a comprehensive economic and environmental impact assessment is prepared. Mahmoud emphasized that such decisions, coinciding with the increase of bank commissions, pose a threat to regional competition, efforts to attract investments, and the achievement of economic sustainability in the maritime transportation and logistics sectors.
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