Egypt, S.Arabia step up trade ties through coordination council talks    Egypt reviews progress on $200m World Bank-funded waste management hub    Egypt urges Israel to accept Gaza deal amid intensifying fighting    SCZONE showcases investment opportunities to eight Japanese companies    Egypt, ADIB explore strategic partnership in digital healthcare, investment    SCZONE, Tokyo Metropolitan Government sign MoU on green hydrogen cooperation    Egypt welcomes international efforts for peace in Ukraine    Al-Sisi, Macron reaffirm strategic partnership, coordinate on Gaza crisis    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    Egyptian pound down vs. US dollar at Monday's close – CBE    Egypt's FM, Palestinian PM visit Rafah crossing to review Gaza aid    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Jordan levies import tax in a move to undermine Egypt, analysts suspect
Published in Almasry Alyoum on 04 - 10 - 2010

The Jordanian government says it will now charge import taxes on its ceramics imports. But the country will exempt 60 countries including Israel and Turkey from the fees, a move described by Egyptian exporters as an attempt to undermine the Egyptian ceramics industry--considered the biggest competitor in the Jordanian market.
President of the Chamber of Commerce and Industry Sherif Afifi said Jordan's decision last week will tax nearly US$1.1 on each meter of ceramics, leading to a 30 percent increase in the price of Egyptian ceramics. He said the decision has led Jordanian importers to stop importing from Egyptian companies; the move has encouraged companies to foster deals with Turkish companies instead.
Afifi told Al-Masry Al-Youm local companies, together with Jordanian importers, will appeal the decision in the Jordanian courts. He also called on the Egyptian Government to levy a comparable tax on Jordanian imports.
Afifi said import duties are applied internationally to protect local industries. But Jordan has only one ceramics production company which has halted production for some time now due to the poor quality of its product, according to Afifi.
Afifi described the Jordanian decision as “intransigent”. He also said the Federation of Egyptian Industries sent an urgent note to Egyptian Trade and Industry Minister Rasheed Mohammad Rasheed to put a stop to the expected losses that will be incurred by local companies. Egyptian ceramics are mostly exported to Arab countries. Jordan imports nearly 15 percent of all Egyptian ceramics exports.
This decision does not consider the fact that Egypt exports its natural gas to Jordan at prices very near to local prices, according to Afifi, despite the shortage of natural gas in the Egyptian market.
Translated from the Arabic edition


Clic here to read the story from its source.