India's decision to impose anti-dumping duties on imports of polypropylene from Saudi Arabia and Oman violates World Trade Organisation (WTO) rules and regulations, Gulf petrochemicals producers say.
'India ignored the feedstock cost provided by Saudi Arabia and came up with its own overstated estimates of the production cost of polypropylene, even though the Kingdom's feedstock pricing mechanism is completely in compliance with WTO agreements, ' said Abdulwahab Al-Sadoun, Secretary General of the Gulf Petrochemicals and Chemicals Association (GPCA).
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