Egypt Launches
Safeguard Investigation on White Sugar
Egypt
notified the WTO’s Committee on Safeguards that it would initiate on 16 April
2015 a safeguard investigation on white sugar.
In the notification, Egypt indicated as follows:
“Interested parties must make themselves known to
the Investigating Authority within a period of 30 days after the initiation of
the investigation.
Any information, which the interested parties may
wish to submit to the Investigating Authority, should be submitted in writing;
and any request for a hearing should be submitted within 30 days following the
initiation of this investigation.”
What
is a safeguard investigation?
A safeguard
investigation seeks to determine whether increased imports of a product are causing,
or is threatening to cause, serious injury to a domestic industry.
During a
safeguard investigation, importers, exporters and other interested parties may
present evidence and views and respond to the presentations of other parties.
A WTO member may
take a safeguard action (i.e. restrict imports of a product temporarily) only
if the increased imports of the product are found to be causing, or threatening
to cause, serious injury.