|16 Jan 2009||Initiation|
ANNOUNCED AS TEMPORARYNo
On 16 January 2009, the Government of Egypt has imposed safeguard duties on cotton yarn, cotton fabric and white sugar from India. According to decrees by the Ministry of Trade and Industry, Egypt has imposed a "precautionary fee" of 25 percent on the cost, insurance and freight (cif) value of these goods. This amounted to an increase in import tariffs of 5 percent for cotton and mixed yarn as well as a 10 percent increase for cotton and mixed woven fabrics.
After India had engaged in bilateral dialogue with Egypt, the Ministry of Trade and Industry announced an abolishment of the excessimport tax on 8 April 2009.
⚑ Please report this page in case you detect an inaccuracy in its content.