Riyadh: Minister of Commerce and Chairman of the General Authority of Foreign Trade (GAFT) Majid Al-Kassabi has announced definitive anti-dumping measures on imports of Sulphonated Naphthalene Formaldehyde (SNF) from China and Russia. The decision was published in the Umm Al-Qura gazette and will be effective from December 3, 2024, lasting for five years.

According to Saudi Press Agency, the decision instructs the Zakat, Tax, and Customs Authority to impose and collect anti-dumping duties ranging from 18.12% to 34% on the imported SNF products. These measures are part of efforts to protect the domestic industry from unfair trade practices, as outlined in the Law of Trade Remedies in International Trade.

The GAFT’s decision follows an investigation initiated on November 20, 2023, after receiving complaints from the domestic industry. The investigation’s final findings supported the imposition of these measures, as permitted by the Law of Trade Remedies in International Trade and its Executive Regulations.

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ore details regarding the decision can be found on the ‘Announcements and Circulars of Trade Remedies Investigations’ page of GAFT’s official website, gaft.gov.sa.