SAUDI ARABIA - KUWAIT

EEC Imposes Tariffs on Saudi and Kuwaiti Urea 

The European Economic Community (EEC) has imposed an 11% tariff on imports of Saudi urea fertilizers (effective 21 February) and Kuwaiti urea fertilizers (effective 22 February), after the duty-free quota of 375,000 ECU ($361S275) for each of Saudi Arabia and Kuwait was exceeded. According to the EEC, the duty free ceiling for imports of Saudi urea granted under the Generalized System of Preferences (GSP) was...