VOL. XLVI

No 43

27-October-2003

KUWAIT

KPC Delegation Meets EC Officials To Discuss Products Tax

A delegation from Kuwait Petroleum Corporation (KPC) on 20 October held a meeting with European Commission (EC) officials in Brussels to discuss the removal of duty exemptions on Kuwaiti petroleum products entering the EU. The EC has removed Kuwait from its Generalised System of Preferences (GSP), meaning that the emirate will be obliged, from 1 November to pay import duty on half of its products...