ANNOUNCEMENT 16 Jan 2009In January 2009, the government of Egypt initiated a new safeguard investigation.
NUMBER OF INTERVENTIONS
Egyptian Ministry of Trade & Industry. Decree No. 19.
Egyptian Ministry of Trade & Industry. Decree No. 20.
Egyptian Ministry of Trade & Industry. Decree No. 21.
Egyptian Ministry of Trade & Industry. Decree No. 336.
Indian Department of Commerce. (23 April 2009). EGYPT WITHDRAWS FEE OF 25% OF CIF VALUE IMPOSED ON IMPORT OF COTTON YARN, COTTON TEXTILES.
World Trade Organization. (26 March 2009). REPORT TO THE TPRB FROM THE DIRECTOR-GENERAL ON THE FINANCIAL AND ECONOMIC CRISIS AND TRADE-RELATED DEVELOPMENTS. (JOB (09)/30).
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.