VOL. XXXIII

NO. 6

13-NOVEMBER-1989

GCC/EC

EC to Withdraw Tariff Concessions for Saudi Petrochemicals in 1990

The European Community (EC) last week confirmed its decision of last yearto eliminate completely in 1990 the duty free ceiling on six key Saudipetrochemical products under the Generalized System of Preferences, which isdesigned to help the exports of developing countries by lowering or eliminatingtariffs on some products (MEES, 28 November 1988). At the end of last year, the1989 ceiling on...