ANNOUNCEMENT 14 Oct 2014

In October 2014, the government of Egypt announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 14 Oct 2014 | Removal date: 14 May 2015
Still in force

Import tariff

According to local press reports, on 14 October 2014 the Minister of Industry and Foreign Trade Mounir Fakhry Abdel Nour issued a decree imposing temporary protective fee on imported steel at the amount of 7.3% per tonne, but not less than EGP 290 per tonne. The decision is to remain in force for a period of 200 days. The purpose of this temporary state measure is 'to protect the steel industry in Egypt from the significant increase in steel imports'.

AFFECTED SECTORS