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The news agency stated that Minister of Trade and Industry Reckad Mohammed’s anti-dumping duties on this product was aimed at encouraging investment in the tire industry, achieving domestic production, and creating employment for the industry. Reckard said that within a year to a year and a half, a joint Sino-Egyptian industrial zone in the west of Cairo will start producing all parts of the automotive industry.
Egypt imposes anti-dumping duties on Chinese tires
The “Business Chronicle†of Pakistan reported on the 9th that Egypt’s State News Agency released a message on Saturday that the Egyptian government will impose anti-dumping duties on bus and truck tires originating in China and India in the next five years, but it has not specified tax rate.