SAUDI ARABIA

More EEC Tariffs on Saudi Petrochemicals 

The European Economic Community (EEC) has imposed a 6% tariff on imports of Saudi styrenes after the duty-free ceiling of 3.28mn ECU ($3.20mn) was exceeded under the Generalized System of Preferences (GSP). The EEC already imposes tariffs on a number of other Saudi petrochemicals (MEES, 17 March).