International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

Measures Saudi Arabia Should Implement in Order to Prevent the Imposition of Anti-Dumping Duty on its Petrochemical Products
Abdullah M. Mattar

This paper proposes some actions that Saudi Arabia could take to avoid anti-dumping duty continuing to be raised against its petrochemicals products. It is important for Saudi Arabia to reform its relationship with other GCC countries, as being a member of this community will help it to avoid anti-dumping duty being levied against its petrochemicals products abroad. In this paper, nine measures will be discussed that could be taken to benefit Saudi Arabia. These measures will be helpful for the Saudi economic system, especially the petrochemicals sector. They will make the domestic market more competitive, by allowing sale of similar domestic products inside Saudi Arabia. Privatisation is one of these measures suggested for the Saudi petrochemicals sector, as this will open up the Saudi Arabian petrochemicals industry to foreign investments directed toward this sector.

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