Egypt Withdraws Precautionary Fee On Indian Imports Of Cotton Yarn, Cotton Textiles

24 April 2009 @ 03:14 am EDT

India's Commerce and Industry Ministry said the Arab Republic of Egypt withdrew the precautionary fee of 25% of CIF value imposed on imports of cotton yarn and fabric and sugar, effective April 8, 2009. The preventive fee was imposed as a temporary precautionary measure on January 16, 2009 for a period of one year. The minimum fee was half a dollar on every kg of cotton textile and one dollar for every kilo of processed sugar.

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