Ministry of Industry and Trade finished Law Draft on amending Law No.121 for the year of 1982 concerning all persons or companies importing goods into Egypt must register with the General Authority for Export and Import Control within the Ministry of Trade and Supply to limit random importation. These amendments include increasing Capitals of persons and companies that have permission to import and also creating a new article includes minimum requirements for value of business volume to continue importation reached 5 million pound besides increasing insurance for registry to 300 thousand pounds instead of 7 thousand pounds, which means Increased 42 times.

Expectedly referring these amendments in case of consensus of the commercial community to economic group then Cabinet then to be approved by parliament and issuing law.

Concerning the opinions of the Commercial Street on the proposed amendments, Mohamed Mahran, Chief of the tanneries and leather Division at Cairo Chamber of Commerce affirmed that the division welcomed the Law Draft because it would limit from random importation and poor quality products, plus it will maintain national industry and boost its activity, consequently providing employment opportunities and reducing the unemployment rates.

On the other hand Hamdy Al Nagar, Chief of General Division of Importers at the FEDCOC confirmed that the Draft Law did not have enough time for studying and analysis of Importers General Division, which represented FEDCOC. The Ministry of Industry and Trade requested to give an opinion only during two weeks as soon as being notified, and that's not enough time for issuing amendments compatible with market needs.