Morocco has decided to terminate safeguard measures on the imports of rebar and wire rods starting October 16, 2023. The cessation follows the completion of the safeguard measure’s full 10-year period, encompassing provisional measures, the initial application, and subsequent extensions.
Morocco had implemented these safeguard measures, imposing a tariff of MAD 550 (USD 54) per ton on imports exceeding the annual quota for rebar or wire rod.
The safeguard initiative initially began with a provisional measure on imports of rebar and wire rod, which took effect on May 30, 2013. The definitive measure was imposed for a two-year period beginning on March 21, 2015. Subsequently, it underwent extensions: first for three years until December 31, 2018, then re-extended for another three years concluding on December 31, 2021. A WTO notification on December 22, 2021, confirmed an additional extension for one year, nine months, and fifteen days until October 15, 2023.
The products affected by these measures include wire rods ranging from 5.5mm to 14mm, categorized under HS codes 7213.91.90.00, and rebar ranging from 5.5mm to 40mm, classified under HS codes 7214.20.90.00 and 7214.99.91.00.
1 USD / 10.2 MAD
