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New Delhi: Dr. Majed Al-Qasabi the Saudi Minister of Commerce and Chairman of the Board of Directors of the General Authority of Foreign Trade (GAFT) has issued an order to impose final anti-dumping duties on imports of longitudinally welded circular cross-section pipes of stainless steel originating or exported from China and Taiwan. What does the decision say? The news about the decision to impose the final duties was published in Umm Al-Qura newspaper the official gazette on June 29. It further says that the final duties will be applied to imports of this product for a period of five years starting Monday June 30 2025. The minister also directed the Zakat Tax and Customs Authority to impose and collect final anti-dumping duties on the product in question at rates ranging from 6.5 percent to 27.3 percent according to the table included in this decision that contains details of the duties. What is the aim of this decision? The decision to levy the final anti-dumping duties has come in agreement with the Law of Trade Remedies in International Trade which aims to protect the local industry from unfair trade practices in the Saudi market. Moreover this decision is based on the final results of an investigation that was initiated on May 2 2024 following a complaint filed by the local industry in accordance with the regulations of the Law of Trade Remedies in International Trade. The objective of the law is to protect the domestic industry from the damage caused by dumped and subsidized imports prevent a surge in imports and protect the Kingdom’s exports that are subject to trade-remedy measures.