Jordanian auto traders are frustrated by hurdles from Egyptian authorities which have restricted car exports to Libya. Jordan Free Zone Investors Association President Nabil Rumman told The Jordan Times yesterday that customs authorities in Cairo have prevented cars manufactured before 2008 from entering Egyptian territories as a land transit point to Libya, pushing Jordanian exporters to use ‘costly’ maritime shipping instead. The measures which went into effect late April, pushed down the number of motors re-exported from the free zone in Jordan to Tripoli from around 150 cars a day to less than 50 per week, according to Rumman, who complained that the maritime shipping cost exporters around $1,500 per car while land cargo through Egypt used to cost only $500. “Libya was a very promising market for Jordanian auto exporters,” Rumman said. He also noted that 90 per cent of the cars in the free zone, which is in the city of Zarqa, are manufactured before 2008. “The Egyptian new regulations violate transit cargo agreements between Arab countries,” he added, stressing that hurdles by Egypt restrict trade between Arab states. Rumman said the Ministry of Transport has contacted authorities in Cairo but no response has been received yet. By The Jordan Times
GMT 09:43 2018 Tuesday ,23 January
Global unemployment down but working poverty rampantGMT 15:13 2018 Sunday ,21 January
All you need to know about Davos 2018GMT 22:33 2018 Saturday ,20 January
Calls for action over dirty money flowingGMT 04:42 2018 Saturday ,20 January
Storm caused 90 mn euros in damage: Dutch insurersGMT 07:06 2018 Friday ,19 January
China economy rebounds in 2017 with 6.9% growthGMT 11:35 2018 Thursday ,18 January
'Massive' infrastructure spending needed in AfricaGMT 14:29 2018 Wednesday ,17 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 18:55 2018 Tuesday ,16 January
London stock market edges to new high

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor