{"id":598584,"date":"2019-05-29T04:03:56","date_gmt":"2019-05-29T04:03:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/wto-to-probe-egypts-steel-import-duties\/"},"modified":"2019-05-29T04:03:56","modified_gmt":"2019-05-29T04:03:56","slug":"wto-to-probe-egypts-steel-import-duties","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/wto-to-probe-egypts-steel-import-duties\/","title":{"rendered":"WTO to probe Egypt\u2019s steel import duties"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <b>WTO to probe Egypt\u2019s steel import duties: <\/b>The World Trade Organization (WTO) will meet with Egyptian officials to discuss the recently imposed duties on steel imports during its November committee meetings, <a href=\"https:\/\/ent.news\/2019\/5\/2650.pdf\">according to a press release (pdf)<\/a>. The Trade Ministry <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/15\/diplomacy-and-foreign-trade-on-15-april-2019\/\">last month introduced<\/a> 180-day import duties of 25% on finished steel rebar and 3-15% on iron pellets in a bid to protect local manufacturers. The WTO meetings come after Japan, Australia and South Korea complained that the country\u2019s anti-dumping measures violate WTO rules. The global trade body will also hold talks with the European Union, Morocco, Canada and the Eurasian Economic Union, which have adopted similar protectionist measures.<\/p>\n<p><b>Where will Egypt go from here? <\/b>The temporary measure may be made permanent as soon as the ministry completes a study on whether these products are being dumped in Egypt. Sources told the local press that the Industrial Development Authority received a letter from the WTO about the measures, but provided no further details.<\/p>\n<p><b>What do WTO rules say? <\/b><a href=\"https:\/\/www.wto.org\/english\/thewto_e\/whatis_e\/tif_e\/agrm8_e.htm\">Under WTO rules<\/a>, a country is allowed to take emergency measures such as introducing temporary tariffs, subsidies and import quotas if its local industry is under serious threat by increasing imports. Key here is that the industry has to face \u201cserious injury\u201d before the government can take action \u2014 and a detailed investigation must take place in order to quantify the damage. Countries are also not permitted to target imports from specific countries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WTO to probe Egypt\u2019s steel import duties: The World Trade Organization (WTO) will meet with Egyptian officials to discuss the recently imposed duties on steel imports during its November committee meetings, according to a press release (pdf). The Trade Ministry last month introduced 180-day import duties of 25% on finished steel rebar and 3-15% on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":598585,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,11245,131,11246,9323,2380,715],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598584","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-global-trade-policy","tag-manufacturing","tag-price-dumping","tag-protectionism","tag-speed-round","tag-world-trade-organization","wpautop","entry"],"acf":{"mongo_id":"9e89eaeb-95ef-4a6e-810d-847e1bf1665a","is_powered_by":true,"section_story_id":"746df3e7-d252-4c6e-8427-48e537aa80ee","story_type":"1","photo_url":"https:\/\/ent.news\/2019\/5\/3059.jpg","photo_position":"above","related_issue":[598578],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>WTO to probe Egypt\u2019s steel import duties - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/wto-to-probe-egypts-steel-import-duties\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WTO to probe Egypt\u2019s steel import duties\" \/>\n<meta property=\"og:description\" content=\"WTO to probe Egypt\u2019s steel import duties: The World Trade Organization (WTO) will meet with Egyptian officials to discuss the recently imposed duties on steel imports during its November committee meetings, according to a press release (pdf). 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The Trade Ministry in April introduced 180-day import duties of 25% on finished steel rebar and 3-15% on iron pellets\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":543390,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/eu-mounts-wto-challenge-to-egypt-over-import-restrictions\/","url_meta":{"origin":598584,"position":1},"title":"EU mounts WTO challenge to Egypt over import restrictions","author":"enterpriseam admin","date":"31 January 2022","format":false,"excerpt":"EU v Egypt at the World Trade Organization: The European Union is challenging Egypt\u2019s import registration rules at the World Trade Organization (WTO), calling them \u201carbitrary\u201d and in violation of WTO rules, the EU Commission said ina statement on Wednesday. The EU says that exports to Egypt have fallen 40%\u2026","rel":"","context":"In &quot;Trade&quot;","block_context":{"text":"Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/539.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":635904,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/17\/are-china-turkey-and-the-ukraine-looking-to-complain-to-wto-over-steel-rebar-tariffs\/","url_meta":{"origin":598584,"position":2},"title":"Are China, Turkey and the Ukraine looking to complain to WTO over steel rebar tariffs?","author":"enterpriseam admin","date":"17 December 2017","format":false,"excerpt":"Are China, Turkey and the Ukraine looking to complain to WTO over Egypt\u2019s steel rebar tariffs? China, Turkey and the Ukraine are reportedly looking to file a complaint with the World Trade Organization (WTO) over Egypt imposing anti-dumping tariffs on rebar steel imports from these countries for a five-year period,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571131,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/30\/egypt-probes-alleged-dumping-of-aluminum-rolled-steel-products\/","url_meta":{"origin":598584,"position":3},"title":"Egypt probes alleged dumping of aluminum, rolled steel products","author":"enterpriseam admin","date":"30 April 2020","format":false,"excerpt":"Egypt probes alleged dumping of aluminum, rolled steel products: The Trade Ministry began earlier this month a \u201csafeguard investigation\u201d into potential dumping of raw aluminum in the domestic market, according to the World Trade Organization (WTO). The investigation comes after state-owned Egypt Aluminium began reporting losses because the market is\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592847,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/egypts-industry-ministry-to-meet-wto-officials-next-week\/","url_meta":{"origin":598584,"position":4},"title":"Egypt's Industry Ministry to meet WTO officials next week","author":"enterpriseam admin","date":"7 November 2019","format":false,"excerpt":"WTO to talk export promotion with Egypt: The World Trade Organization (WTO) will hold meetings with the Industry Ministry, the Egyptian Accreditation Council, and the Egyptian Organization for Standards & Quality next Tuesday and Wednesday to discuss infrastructure development and export promotion, according to the local press. 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