GPCA launches initiative to challenge protectionist measures by China, India and EU

12-Oct-09
The regional organization of petrochemical and chemical producers in the Gulf region - Gulf Petrochemicals and Chemicals Association (GPCA) has launched an initiative to challenge “protectionist measures”- in other words ‘anti-dumping procedures’ initiated by China, India and European Union (EU) against exports from countries in the region. In a bid to protect their domestic producers, China and India have introduced anti-dumping measures against petrochemical exports from Saudi Arabia and Oman and the EU has kicked off anti-dumping cases against producers in the United Arab Emirates and Iran. As part of its initiative, GPCA will investigate and recommend specific actions that should be taken against trading partners that restrict GCC petrochemical and chemical exports. The anti-protectionist initiative will continue to be a key aspect of GPCA's mandate for sharing information, analysing trends and giving a common voice to the GCC industry. GPCA has instituted an Advocacy Committee that will adopt a system to alert members about anti-dumping cases and work closely with GCC governments and the GCC Secretariat to defend the regional industry against such unwarranted actions.
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