Egypt's Parliament discusses abolishing imprisonment for female debtors    India to procure 300k Remdesivir doses from Egypt's Eva Pharma    Egyptian-European relations characterised by wealth, depth: EU Ambassador    Egypt's urban inflation slows to 4.1% in April: CAPMAS    Arab Observatory for Human Rights condemns Israeli violations in Jerusalem    Egypt's Environment Minister highlights importance of adaptation, conserving biodiversity    Egypt summons Israeli Ambassador to protest violations in Jerusalem    IMF may complete 2nd review of $5.2bln standby loan by June end, Maait    Egypt's gas sector grows 25% in 2020, Minister    Multi-stakeholder platforms help in exploring opportunitiesin petroleum sector: Al-Mashat    Billionaire Elon Musk makes surprise Saturday Night Live announcement    Egypt will locally manufacture first 2m Sinovac vaccine doses by June-end    Vax Live concert exceeds vaccine goal to raise $302m    2021 South East European Film Festival celebrates cinematic diversity of 18 countries    Sheffield Documentary Film Festival announces line-up for June edition    Elsewedy Electric enters Asian market through $60m acquisition of 2 companies    Lebanese pop star Carole Samaha to release new album this summer    African Union chair meets Egypt's Al-Sisi within regional tour to stimulate GERD talks    We want Egypt and Sudan to agree to second filling only: Ethiopia    Turkey seeks to restore 'historic unity' with Egyptian people: Erdogan    Altibbi launches first Arabic app to support mothers' Health in Egypt among $8.5 mln investments    Al Ahly face injuries as they take on Al Ittihad Alexandria    Elneny's Arsenal targets 'remontada' in Europa League semi-finals    Zamalek eye return to victories at expense of Smouha in Egyptian Premier League    Egypt's CIB first bank in MENA, Africa to receive Gender Equity Seal    Egypt buys 30 Rafale fighter jets from France    Direct flights between Russia and Egypt will resume in June, Ambassador    Egypt's Ahly is establishing a new stadium, expected to be 'sports complex'    Blinken presses Ethiopia's Abiy to ensure full withdrawal of Eritrean troops from Tigray    Forces opposed to Somali president control parts of Mogadishu    Nine people executed in Egypt over Kerdasa police killings in 2013    UEFA investigating Ibrahimovic's alleged ties to betting company    61 doctors died from coronavirus since start of April: Egypt's medical syndicate    Egypt targets 5.6% inflation rate in FY2020/21, 6% in FY2021/22    Egypt allocates EGP 132 bln to modernise railway system: Transport minister    Real Madrid not thinking about any Super League sanctions: Zidane    Total declares force majeure on Mozambique LNG after attacks    All the winners at the 93rd Academy Awards    Egypt's Ahly granted approval to build new stadium on Cairo outskirts    Aswan Int'l Women's Film Festival dedicates 5th edition to Kawthar Heikal    BREAKING: Egypt's information minister Osama Heikal resigns amid parliamentary criticism    'War was not Egypt's aim, but peace was the ultimate goal,' Sisi says on Sinai Liberation Day anniversary    Factbox: Key nominations for the 2021 Academy Awards    Old Cairo's Al-Fustat will be revamped on Egyptian President's directives    Veteran Egyptian journalist Makram Mohamed Ahmed passes away at 86    Allianz Egypt partners with IGNITE to equip brand ambassadors for 2021 Olympics    Hassan Allam consortium wins contract to manage, operate Grand Egyptian Museum    Seasoned Egyptian screenwriter Wahid Hamed dies at 76    

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

Egypt imposes anti-dumping measures on aluminium imports for 3 years
Decision enters into force mid-April, says Assistant Minister of Trade, Industry
Published in Daily News Egypt on 13 - 04 - 2021

Egypt's Minister of Trade and Industry Nevine Gamea issued a decision to impose anti-dumping measures on imports of aluminium products for a period of three years.
The products include moulds, cylinders, and wire, with the measures to start from mid-April, at a rate of 16.5% of Insurance and Freight (CIF) value with a minimum of $333 per tonne for the first year.
In addition to this, this covers 13.5% of the CIF value, with a minimum of $271 per tonne for the second year, and 10.5% of the CIF value, with a minimum of $211 per tonne in the third year.
Ibrahim Al-Sigini, Assistant Minister of Trade and Industry for Economic Affairs, said that the ministry had previously agreed, in April 2020, to start implementing preventive measures against the large increase in imports of aluminium products that include moulds and cylinders and wire.
This was based on the recommendation of the advisory committee and in accordance with the results and recommendations reached by the commercial treatments sector.
The announcement to implement these measures has been published in official gazette Waqaa Masria.
Al-Sigini explained that the commercial treatments sector sent lists of questions and a copy of the non-confidential text of the complaint, and announced the start of investigations to concerned parties. They were given 37 days to respond.
He noted that the sector received the comments of concerned parties on the submitted complaint as well as responses to the lists of questions, and a public hearing was held in presence of concerned parties.
Al-Sigini pointed out that the commercial treatments sector had concluded that there was a significant increase in imports of aluminium products. These included moulds, cylinders and wire, which caused serious damage to the local industry and required the imposition of final antidumping measures on these imports.
He elaborated that the advisory committee held a meeting last March to study the final report prepared by the sector. It ended with the consensus approval of the sector's recommendation to impose final, gradual preventive measures on imports of aluminium products from the terms of moulds, cylinders and wire for a period of three years.
This came according to provisions of prevention agreements and laws concerning Protection of the National Economy from the Effects of Injurious Practices in International Trade and its implementing regulations.
The commercial treatments sector informed the Technical Barriers to Trade Committee at the World Trade Organization (WTO) of the decision to impose final preventive measures. This was alongside the date and period of effectiveness of those measures in accordance with the international agreement on prevention.

Clic here to read the story from its source.