The General Authority of Foreign Trade announced the initiation of the Anti-Dumping investigation against the Kingdom’s imports of Titanium Dioxide (TiO2) that originated in/exported from the People's Republic of China.
The initiation of the investigation was issued according to the Law of Trade Remedies in International Trade issued on November 23, 2022. As provided in Article 4.1 " The Authority is responsible for trade remedies including conducting investigations, reviews and the imposition of measures in accordance with the Kingdom's international commitments, especially under the Anti-Dumping Agreement, the Agreement on Subsidies and Countervailing Measures, and the Agreement on Safeguards.”
The Law aims to protect the domestic industry from injury caused by dumped and subsidized imports and to safeguard from the increase in imports, and to defend the Kingdom's exports that are subject to trade remedies proceedings.