uae may take us to wto over steel pipes
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

UAE may take US to WTO over steel pipes

Arab Today, arab today

Arab Today, arab today UAE may take US to WTO over steel pipes

Steel workers dressed in protective clothing stage a protest outside the European Commission in Brussels against the import of low priced Chinese steel recently
Dubai - Arab Today

The UAE could refer the US to the World Trade Organization over anti-dumping charges levied on steel pipes, a senior official said on Monday.
The US International Trade Commission announced on Friday it was taking measures against UAE, Oman and Pakistan in relation to circular welded carbon-quality steel pipes, after a Department of Commerce investigation found them to be sold in the US for less than fair value.
The pipes are used in sprinklers, fences and plumbing systems.
“We are trying to solve it in consultation, bilaterally, with the US administration and we’ll try to solve it in consultation,” Abdulla Al-Saleh, undersecretary for foreign trade and industry at the UAE ministry of economy, told reporters on the sidelines of a construction event.“If that doesn’t work, we may — and we haven’t decided yet — have another option to go through the WTO channel. It depends on the case and the evidence that we have. But we believe we don’t practice any measure that (results in) dumping in the US market or harming the US market.”
Saleh said the industry doesn’t receive any subsidies from the government, which supported its claim that it didn’t pursue any unfair international trade practices. There are already similar tensions between US airlines and Gulf carriers including Emirates of Dubai and Abu Dhabi’s Etihad Airways.
The US investigation began in October 2015 and follows a complaint from four American firms — two in Missouri, and one each in Illinois and California.

STEEL DUTY
Al-Saleh added the six GCC countries were continuing to study whether to raise import duty on steel. Global steel prices have slumped as Chinese producers, which account for about half of worldwide steel supply, have flooded export markets, sparking protests and anti-dumping complaints by the US and the European Union among others.
The GCC Secretariat was studying raising the level of duty imposed by Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE to help protect local steel producers from cheap imports, according to local media reports earlier this year.
“There is a proposal on the table and GCC members are studying it. Hopefully, they will reach the agreement which is not about protecting the market but it’s protecting the fair competition in the market,” Al-Saleh said. 
He said some Gulf countries have a band which allows duty to rise to 15 percent and the UAE was open to raising it to that level from its current 5 percent. He added “soon,” when asked when a decision was expected.
Gulf nations have traditionally kept steel tariffs low to facilitate local building booms.

Source: Arab News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

uae may take us to wto over steel pipes uae may take us to wto over steel pipes

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

uae may take us to wto over steel pipes uae may take us to wto over steel pipes

 



GMT 14:34 2016 Sunday ,18 September

Rob Reiner: Donald Trump supporters aiding racism

GMT 13:31 2017 Thursday ,28 September

Fourth gravitational wave is detected, with European help

GMT 06:37 2018 Friday ,05 October

Zenit defeats Slavia Praha in UEFA Europa League

GMT 01:23 2017 Wednesday ,11 October

IMF's Lagarde urges smooth transition for UK

GMT 09:29 2017 Friday ,07 April

FVP Chairs Students Support Fund Meeting

GMT 19:52 2017 Monday ,25 September

Exchange rate stable at major Egyptian banks

GMT 19:31 2016 Tuesday ,22 November

Al-Asiri: No extension of Yemen cease-fire

GMT 22:22 2017 Monday ,02 October

Hughes injury leaves England with No 8 worry

GMT 20:29 2017 Thursday ,04 May

Algerian parliamentary elections kicks off

GMT 01:34 2017 Tuesday ,11 April

Oman takes part in Arab Labour Conference in Egypt

GMT 15:30 2017 Thursday ,30 November

Viagra to be sold without prescription
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday