GCC initiates anti-dumping investigations on Chinese pipes
The GCC has initiated anti-dumping investigations against imports from China that include non-welded pipes made of iron or steel used in oil and natural gas exploration operations whose radius does not exceed 16 inches.
The announcement was made by Khalifa bin Said Al-Abri, assistant secretary-general, economic and development affairs, according to state news agency, WAM.
He said that the GCC Standing Committee for Harmful Practices in International Trade has taken the decision to initiate the anti-dumping measures at the recommendations of the Office of the Technical Secretariat to combat harmful practices in international trade.
GCC countries are strengthening laws and actively investigating offenders to protect new and growing industries from an overflow of cheap imports as part of wider efforts to diversify their economies by establishing robust industrial platforms.