SAUDI ARABIA

More EEC Tariffs on Saudi Petrochemicals 

The European Economic Community (EEC) has reimposed a 13% tariff on imports of Saudi methanol, after Saudi Arabia's 1986 duty-free quota of 3.3mn ECU ($2.94mn) was exceeded, an EEC official announced on 14 January. Earlier this month the EEC reimposed a 12.5% tariff on Saudi linear low density polyethylene and high-density polyethylene after the 1986 duty-free ceiling was exceeded (MEES, 13 January). Last month in a gesture to...