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Egypt Considers Imposing Duty on Textile Imports, Al Mal Reports

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.

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