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Majid Al-Qasabi, Chairman of the General Authority of Foreign Trade (GAFT), imposed definitive anti-dumping duties on imports of sulfonated naphthalene formaldehyde (SNF) – concrete additives – from China and Russia.
The decision, published in the Umm Al-Qura newspaper on Dec. 2, enforces the final duties on the specified product imports for a period of five years, starting Dec. 3, 2024.
The Zakat, Tax, and Customs Authority (ZATCA) will impose and collect final anti-dumping duties on the product, with rates ranging from 18.12% to 23%, as detailed in the table included in the decision.
This measure aligns with the Law of Trade Remedies in International Trade, aimed at protecting the local industry from unfair trade practices in the Saudi market.
The decision is based on the final results of an investigation initiated on Nov. 20, 2023, following a complaint filed by the local industry, in accordance with the Law of Trade Remedies in International Trade and its implementing regulations.
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