SAUDI ARABIA

Saudi Arabia imposes anti-dumping measures on PVC-coated textile imports from China and South Korea

December 17, 2024
The definitive anti-dumping measures will be applied on Sulphonated Naphthalene Formaldehyde from China and Russia for five years, starting from Dec. 3, 2024.
The definitive anti-dumping measures will be applied on Sulphonated Naphthalene Formaldehyde from China and Russia for five years, starting from Dec. 3, 2024.

Saudi Gazette report

RIYADH — The General Authority of Foreign Trade (GAFT) has announced the imposition of definitive anti-dumping measures on imports of PVC-coated textiles and fabrics originating from China and South Korea.

Dr. Majed Al-Qasabi, minister of commerce and chairman of GAFT, issued the decision, which was published in the official gazette on December 16, 2024. The measures will take effect for a period of five years starting from December 17, 2024.

The decision mandates the Zakat, Tax, and Customs Authority to enforce and collect anti-dumping duties on the specified imports, with rates ranging from 25.56% to 51%, based on a detailed table included in the official announcement.

The measures are part of Saudi Arabia’s efforts to protect its domestic industry from unfair trade practices under the **Law of Trade Remedies in International Trade**.

The anti-dumping measures follow an investigation initiated on November 30, 2023, after a complaint was lodged by the domestic industry. The investigation, conducted in accordance with the Law of Trade Remedies in International Trade and its Executive Regulations, concluded with findings that justified the imposition of definitive measures to address unfair trade practices affecting the Saudi market.


December 17, 2024
140 views
HIGHLIGHTS
SAUDI ARABIA
hour ago

Saudi Arabia launches customs duty exemption for industrial inputs to boost export of local goods

SAUDI ARABIA
3 hours ago

Cabinet hails Saudis' determination to drive nation's sustainable development

SAUDI ARABIA
3 hours ago

30 Polish companies to establish offices in Saudi Arabia