Saudi Arabia Launches 1st Ever WTO Dispute, Targets EU Mono-Ethylene Glycol Duties
Saudi Arabia requested dispute consultations at the World Trade Organization for the first time since joining the multilateral body, over the European Union's antidumping duties on mono-ethylene glycol imports from the kingdom, the WTO said Aug. 19. Saudi Arabia said…
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the duties, imposed June 10, are inconsistent with the WTO's Antidumping Agreement and the General Agreement on Tariffs and Trade 1994. “Mono-ethylene glycol is a liquid used in the production of polyester fibres and film, polyethylene terephthalate (PET) resins and engine coolants,” the WTO said.