COURT OF JUSTICE OF THE EU / Trade

General Court upholds EU anti-dumping duties imposed on Chinese companies established in a Chinese-Egyptian special economic zone

Brussels, 01/03/2023 (Agence Europe)

The EU General Court ruled on Wednesday 1 March that a subsidy granted by China can be attributed to Egypt as the country of origin or export of a product subject to countervailing measures (cases T-480&540/20).

Two companies under Egyptian law but owned by Chinese entities - Hengshi and Jushi - are established in Egypt in the in the China-Egypt Suez Economic and Trade Cooperation Zone (‘SETC Zone’), a location that allows them to benefit from financial support from Chinese public...