By Ronald Njoroge NAIROBI (Xinhua) --
Kenya plans to enact an anti-dumping law to protect local
industries from cheap imports, a senior government official said Monday.
Secretary in the Ministry of Industry, Trade and Cooperatives Adan Mohammed told
a media briefing in Nairobi that parliament has already endorsed the Kenya Trade
Remedies bill and should receive presidential assent before the end of the year.
“The law will
protect the domestic market and industries from unfair trade practices and
threats arising from dumping and subsidies from other countries,” Mohamed said
during the launch of the National Trade Week.
Once the law
is operational, the government will impose stiff penalties on traders who import
subsidized goods that provide unfair competition to locally made goods.
African nation currently lacks a legal framework and institutional mechanism and
capacity to undertake surveillance for cases of dumping, subsidies and other
unfair competition that are disallowed under the World Trade Organization (WTO).
Kenya like other WTO member countries is permitted policy space to discipline
unfair trade practices.
The CS noted
that a trade remedy provision will be included in all future bilateral and
multilateral trade agreements that Kenya concludes with other partners.
The law will
also create the Kenya Trade Remedy Agency that will monitor imports to ensure
there is no dumping of subsided goods.