The tariffs, effective starting mid-April, will be at the rates
of 16.5%,13.5% and 10.5% of (CIF) value for three respective years.
Cairo- Apr 13,
2021
Minister of Trade
and Industry Nevine Gamea has issued a decree imposing final anti-dumping duties
on imports of aluminum products, including moulds, cylinders and wire, for a
period of three years.
The tariffs,
effective starting mid-April, will be at a rate of 16.5% of cost, insurance and
freight (CIF) value with a minimum of $333 per tonne for the first year, 13.5%
of the (CIF) value with a minimum of $271 per tonne for the second year, and
10.5% of the CIF value with a minimum of $211 per tonne for the third year.
Ibrahim Al-Sigini,
assistant minister for economic affairs, said that the minister had previously
agreed, in April 2020, to initiate an anti-dumping investigation into the huge increase
in imports of aluminum products upon recommendation of the advisory committee,
following complaints by the local industry.