{"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":"

<\/a> 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, according to a press release (pdf)<\/a>. The Trade Ministry 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

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

What do WTO rules say? <\/b>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":"

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 […]<\/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":"\nWTO 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). The Trade Ministry last month introduced 180-day import duties of 25% on finished steel rebar and 3-15% on […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/wto-to-probe-egypts-steel-import-duties\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-29T04:03:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/3059.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/wto-to-probe-egypts-steel-import-duties\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/wto-to-probe-egypts-steel-import-duties\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"WTO to probe Egypt\u2019s steel import duties\",\"datePublished\":\"2019-05-29T04:03:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/wto-to-probe-egypts-steel-import-duties\/\"},\"wordCount\":248,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/wto-to-probe-egypts-steel-import-duties\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/3059.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"global trade policy\",\"Manufacturing\",\"price dumping\",\"protectionism\",\"SPEED ROUND\",\"World Trade Organization\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/wto-to-probe-egypts-steel-import-duties\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/wto-to-probe-egypts-steel-import-duties\/\",\"name\":\"WTO to probe Egypt\u2019s steel import duties - 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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 "Speed Round"","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":648654,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/09\/wto-delegation-to-visit-cairo-this-week-for-policy-review\/","url_meta":{"origin":598584,"position":1},"title":"WTO delegation to visit Cairo this week for policy review","author":"enterpriseam admin","date":"9 April 2017","format":false,"excerpt":"WTO delegation to visit Cairo this week for policy review:A World Trade Organization (WTO) delegation will land in Cairo this week for a three-day visit during which they will review Egypt\u2019s economic, trade, and investment policies, according to Trade Minister Tarek Kabil, Al Borsa says. We expect the discussions to\u2026","rel":"","context":"In "Speed Round"","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":624589,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/13\/new-tariffs-take-hold-govt-says-they-dont-violate-wto-agreements\/","url_meta":{"origin":598584,"position":2},"title":"New tariffs take hold, gov\u2019t says they don\u2019t violate WTO agreements","author":"enterpriseam admin","date":"13 September 2018","format":false,"excerpt":"**#1 New import tariffs have taken effect: Customs authorities at ports and airports across the country began yesterday to implement a decision signed off overnight Tuesday by President Abdel Fattah El Sisi to raise import tariffs everything from clothing to electronics and pet food, according to the Finance Ministry. 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The EU says that exports to Egypt have fallen 40%\u2026","rel":"","context":"In "Trade"","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":599015,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/16\/court-postpones-challenge-to-increased-duties-on-imported-iron-pellets\/","url_meta":{"origin":598584,"position":5},"title":"Court postpones challenge to increased duties on imported iron pellets","author":"enterpriseam admin","date":"16 June 2019","format":false,"excerpt":"A court has postponed looking into a legal challenge filed by 22 factory owners against a decision to increase import duties on iron pellets to 15%, the local press reported. 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