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GPCA chief hopeful of end to India-Middle East ADD row

December 06/2010

(ICIS) -- The Gulf Petrochemicals and Chemicals Association (GPCA) is hopeful that the trade dispute over antidumping duties on polymers between India and the Middle East will soon be resolved, the association chief said on Monday.


Saudi Arabia and Oman, along with Singapore, were slapped with tariffs on polypropylene (PP) shipments to India, upon determination that dumping of the material was taking place. Saudi Arabia had threatened to bring up the case before the World Trade Organisation (WTO) if India did not retract its trade policy.


УWe are optimistic that a win-win situation for all will be found soon,Ф GPCA secretary general Abdulwahab al-Sadoun told ICIS in a phone interview. The trade squabbles between India and the Middle Eastern countries may be discussed on the sidelines of the 5th annual GPCA meeting in Dubai, which will run from 7-9 December, he said.


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