FCA - UAE,Federal Customs Authority -United Arab Emirates
FCA is not responsible for the translation output by Google
HE Ali Al
Neyadi, Customs Commissioner, and Chairman of the FCA said in a press statement
that the lifting of customs duties on rebar and iron comes within the framework
of the GCC initiative to be implemented at the level of the GCC countries. Not only the UAE, in order to protect the
national industry and anti-dumping in the GCC.
HE pointed out
that the increase in duties comes in implementation of the decision of the
Committee on Financial and Economic Cooperation of the GCC countries to approve
the lifting of tariffs on imports of iron and rebar from 5% to 10% on early
January 2019. As well as the agreement of the HS Committee for the
classification of goods in the GCC countries at its forty-fourth meeting.
So that, customs entry points in the country have taken the
necessary customs procedures to implement the decision at the state level.
stressed that the decision will be implemented for one year and that the
Ministry of Economy will evaluate the results, then the results will be
submitted to the Council of Ministers to take the appropriate decision.
sector plays an important role in enhancing the competitive advantage of
national products and protecting them against harmful commercial practices
especially dumping, through the use of customs duties as a protection tool and
achieving fair competition between national and imported products in local
markets” said, Al Neyadi
HE mentioned using
customs duties as a tool for the protection of national products is a universal
principle adopted by the international trade and customs agreements issued by
the WTO and the WCO, and all countries are entitled to apply it in the case of
added that the iron and steel industry is one of the basic industries in the
national economy. UAE iron products have become a distinctive brand, it plays
an important role in supporting the process of sustainable development in the
country, which requires protection from the dumping practices of some
importers, producers and international companies that resort to selling iron in
the country's markets at reduced prices compared to the prices of the national
product, despite the superiority of the national product in advantages and
On the other
hand, the statistical data of the Authority showed that the value of the
country's trade of rebar and iron reached to 1.1 billion dirhams (444.4 thousand
tons) during the first 9 months of 2018 while the value of
the country's imports amounted to 656 million dirhams (268 thousand tons).
However, the value of the country's exports amounted to 392 million dirhams
(168.4 thousand tons) and the re-export value is AED 26 million (8,000 tons).