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Saudi Ceramic Co. announced that the GCC Industrial Cooperation Committee approved the recommendation of the GCC Standing Committee for Combating Harmful Practices in International Trade to impose a definitive anti-dumping duty on GCC imports of ceramic and porcelain products from China and India.
Anti-dumping duty on Chinese products will range from 23.5% to 76% while the rates from India will range from 17.6% to 106% based on the company’s anti-dumping complaint filed in November 2018.
The complaint was filed by Saudi Ceramics, Al-Fanar Factory and other ceramic producers operating in the Kingdom and the GCC region.
Anti-dumping measures imposed for 5 renewable years are expected to boost the company's annual sales and market share locally and in the Gulf countries.
Related News
TSAIP says GCC ceramics industry hit by Chinese, Indian imports |
Saudi Ceramic says anti-dumping complaint under investigation |
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