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Camex raises import tariffs for 11 iron and steel products

Summary by EBC
After more than a year of analysis, the Executive Management Committee (Gecex) of the Chamber of Foreign Trade (Camex) raised the Import Tax to 25% for 11 types of iron and steel products. The agency complied with the request of the National Ferrous Metal Drawing and Rolling Industry Union (Sicetel) to readjust the rates, which indicated unfair competition from imported products. In April last year, Gecex/Camex imposed import quotas on these 11 …
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