Anti-dumping duty on Egyptian canned tomatoes to be applied for 5 years

Published Dec 25, 2024

Tridge summary

The Customs and Indirect Taxes Administration has imposed final anti-dumping duties on imports of canned tomatoes from Egypt for the next five years, effective from December 24, 2024. This decision was made after a complaint from the National Federation of Food Industries about the negative impact of Egyptian imports on the local industry. The provisional anti-dumping duty was set at 29.93% from May 31, 2024, following an investigation that found Egyptian imports had significantly increased, leading to a decrease in local product prices and harming the local canned tomato sector.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Customs and Indirect Taxes Administration reported that it was decided to impose final anti-dumping duties on imports of canned tomatoes from Egypt, for a period of 5 years, starting from December 24, 2024. It indicated in a recent circular that based on the joint decision between the Minister of Industry and Trade and the Minister of Economy and Finance No. 2996.24 dated December 6, 2024, regarding the application of final anti-dumping duties on imports of canned tomatoes from Egypt, which was issued in Official Gazette No. 7363, and Circular No. 6569/211 issued on May 31, 2024, it was decided to apply final anti-dumping duties. A provisional anti-dumping duty of 29.93 percent was imposed for a period of 6 months, starting from May 31, 2024, on imports of canned tomatoes from Egypt, after the Ministry of Industry and Trade conducted an investigation following a complaint filed by the National Federation of Food Industries, which indicated the impact of these imports on the ...
Source: Al Magribia

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