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Sunday, 27 August 2017

No anti-dumping duties on steel imported from Belgium and China

The Trade and Industry Ministry will not impose anti-dumping duties on steel imported from Belgium and China, according to a statement from the ministry. The ministry found that the imports do not impact the local market and that the fee would affect the competitiveness of Egypt’s electrical appliances abroad.

The ministry also extended export tariffs on fresh and frozen fish for one year on Thursday, a decision published in the Official Gazette. The ministry had imposed a EGP 12,000 per tonne duty on fish exports in April after the EGP float caused a spike in fish exports and depleted supplies for domestic consumption. The decision does not apply to processed fish (smoked or canned) or fish exports to the EU, due to binding agreements, Reuters reports.

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