Saudi group to sue South Korean firms for dumping in energy and petrochemicals sector

07-May-13
A group of Saudi private and government business entities plan to sue some South Korean firms for allegedly dumping products, notably in the energy and petrochemicals sector, on the Saudi market, according to Abdulrahman Al-Zamil, the head of the Saudi Export Development Center, as per ArabNews. Al-Zamil, who also heads the local industries follow-up committee, accused the South Korean companies of deliberately exporting products to the Kingdom at prices 20% below cost.
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