India and Saudi Arabia to resume talks on PP anti-dumping levies

Saudi Arabia and India plan to resume talks in September to discuss lifting of an anti-dumping levy imposed on the kingdom's polypropylene (PP) exports. Failure to reach an agreement in previously held bilateral negotiations has attached increased importance to the next round of talks. India decided on anti-dumping duties on PP imports from Saudi Arabia, Oman and Singapore. A notification by India's Ministry of Finance, Department of Revenue stated that the duty tariff will be levied for a period of five years from the start of the provisional anti-dumping duty imposed by the government on 30 July 2009.
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