The meeting closed by forming a joint Chamber–ministry committee, meeting weekly to follow implementation and reporting monthly to the federation’s board.
Chamber figures put the number of registered businesses at 41,000, up by 3,400 on last year, most of them in retail and logistics.
How the decision came about
The division head said the meeting examined the direct effect of the decision on supply inside the local market, and that the Chamber submitted a detailed memorandum carrying traders’ proposals on the timetable.
Transparency in the supply chain is not a burden on the market; it is what protects it from monopoly.
A number of importers argue that the proposed timetable needs a transition period of at least six months, so that small businesses can adapt their accounting systems.
Where the divisions stand
- localising household-goods manufacturing among next quarter’s priorities
- A review of the timetable with the trade divisions
- A monthly report to the federation’s board
The Chamber had earlier launched a trader training programme on e-invoicing, taken up by more than 2,100 participants across six governorates.
Mostafa Abdel-Latif
Reem El-Qady
Mona Abdel-Hakim