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Egypt Considers Imposing Duty on Textile Imports
14/09/2011 12:00
Egypt’s Ministry of Trade and Industry may levy customs duties on textile imports after receiving a complaint from the state-owned Holding Co. for Spinning & Weaving, Al Mal reported.
The ministry’s anti-dumping group will finish studying the complaint in two days, the newspaper said, citing Ali Abdel Ghafar, who heads the group. An import duty could be imposed in a month if it is found that companies exporting to Egypt are hurting local producers by charging dumping prices, Al Mal said.
Sep 13, 2011 5:52 PM GMT+0700
By Ahmed A. Namatalla
Source: Bloomberg.com
By Ahmed A. Namatalla
Source: Bloomberg.com
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