GENEVA, Switzerland, December 15, 2015/APO (African Press Organization)/ —
On 14 December 2015, Egypt notified the WTO’s Committee on Safeguards that it initiated on 8 December 2015 a safeguard investigation on Polyethylene Terephthalate (PET). The notice of initiation by the investigating authority was published in the Official Gazette on 10 December 2015.
In the notification, Egypt indicated as follows:
“Interested parties must make themselves known to the investigating authority within a period of 30 days after publication of the notice of the initiation of the investigation.
Any information which the interested parties may wish to submit before the investigating authority should be submitted in writing; and any request for a hearing should be submitted within 30 days following the initiation of this investigation.
The address of the competent authority for correspondence is:
Ministry of Trade and Industry
Antidumping, Subsidy, and Safeguard Body
Head of Antidumping, Subsidy, and Safeguard Body “Ibrahim El Seginy”
Extension of Ramses St.,Nasr, City — Cairo
El Maleya Towers — Tower No. 6 — 9th floor
Tel: (202) 23422479
Fax: (202) 23420784
E-mail: itpd@tas.gov.eg
Website: http://www.tas.gov.eg”
Further information is available in G/SG/N/6/EGY/13.
What is a safeguard investigation?
A safeguard investigation seeks to determine whether increased imports of a product are causing, or is threatening to cause, serious injury to a domestic industry.
During a safeguard investigation, importers, exporters and other interested parties may present evidence and views and respond to the presentations of other parties.
A WTO member may take a safeguard action (i.e. restrict imports of a product temporarily) only if the increased imports of the product are found to be causing, or threatening to cause, serious injury.
