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Turkey Disputes Moroccan Steel Duties

by Lorys Charalambous, Tax-News.com, Cyprus

11 October 2016


Turkey has told the World Trade Organization that it requested dispute consultations with Morocco regarding its anti-dumping duties on Turkish hot-rolled steel.

In the first WTO dispute case involving Morocco as a party, Turkey alleges the Moroccan measures are inconsistent with a number of procedural and substantive provisions of the WTO's Anti-Dumping Agreement.

Morocco began imposing anti-dumping duties on imports of hot-rolled steel from Turkey on September 26, 2014, at rates of between 11 and 22 percent. Anti-dumping duties are intended to counteract aggressive practices whereby companies sell to a foreign market at below the price in their domestic market.

WTO dispute consultations give the parties an opportunity to discuss the matter and to find a satisfactory solution without proceeding further with litigation. If, after 60 days, the consultations have failed to resolve the dispute, the complainant may request adjudication by a panel.

TAGS: Morocco | anti-dumping | World Trade Organisation (WTO) | trade disputes | trade | Turkey

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