EEC Imposes Tariff on Saudi Ethylene Glycol
After temporarily delaying the imposition of its normal tariff on imports of Saudi ethylene glycol (MEES, 9 December) the European Economic Community (EEC) has now formally decided to levy a 13.4% tariff on ethylene glycol effective 12 December, according to an OPECNA report. As of October the EEC's imports of Saudi ethylene glycol had surpassed the duty free ceiling of 547,000 ECU ($483,055) by over 20 times but the EEC...
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