ABA organized a meeting through the Internal Trade Committee headed by Mr. Mohamed Hefny with Major General Eng. Ahmed Kamel, First Undersecretary of the Ministry of Supply and Internal Trade in Alexandria, on Monday 22nd January 2024 at ABA Headquarters.
This is to shed light on the role played by the Ministry of Supply and Internal Trade in monitoring the commercial and industrial sector in Alexandria.
Major General Eng. Ahmed Kamel explained during the meeting the importance of issuing decisions regulating the group of seven strategic commodities and their trading system, disclosing their quantities and methods for announcing their prices. He stressed that the government does not set the prices of these strategic commodities, but they are being announced by the producing companies. They are considered as Strategic Commodities which means that they are under constant supervision by all regulatory entities in the country. He also declared that the government applies a free pricing system rather than a forced one yet it should be declared clearly and openly especially for the most consumed commodities.
From ABA side, the meeting was attended by Dr. Mohamed Mehrem, ABA Vice Chairman, Mr. Ibrahim El-Ashmawy, ABA Deputy Head of Internal Trade Committee, Mr. Abdelaal Aly, ABA Deputy Head of Import and Customs Committee, as well as a group of distinguished members of the Association.