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The Anti-Dumping Law In line with its obligations under the World Trade Organization (WTO) of which Egypt is member, Egypt introduced an Anti-Dumping Law. This law was designed to protect Egypt's national economy from the consequences of detrimental practices carried out in international commerce. The Anti-Dumping Law already lead to a series of decisions by the Ministry of Trade & Supply in which anti-dumping penalties are imposed and collected. The Anti-Dumping Law grants the ministry of Trade and Supply powers to protect the national economy from the damaging consequences of subsidies, dumping or unjustified increases in importation of goods. Its responsibilities include providing studies and all other necessary data needed to evidence the above mentioned types of incidents. The Ministry of Trade and supply shall apply the instructions of the article of regulations of the antidumping law to WTO non-member countries.
Individuals and public authorities responsible for investigating a complaint must maintain the confidentiality of the information provided to them by the parties as evidence. Violation of this confidentiality obligation may result in a fine of between LE 10,000 and LE 50,000
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Building 534, Apt. 5, Hadayek El Mohandessin, Sheikh Zayed, 6th of October, Egypt
Tel: +202 3850 1600 E-mail: info@gloryip.com |
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