The General Authority of Foreign Trade (GAFT) has initiated an anti-dumping investigation concerning the Kingdom's imports of Sulphonated Naphthalene Formaldehyde (SNF) from China and Russia. This action aligns with the Law of Trade Remedies in International Trade, which empowers GAFT to conduct investigations, reviews, and implement measures in line with international commitments, including the Anti-dumping Agreement and the Agreement on Subsidies and Countervailing Measures.
The primary objective of this law is to safeguard the domestic industry from the adverse effects of dumped and subsidized imports, prevent a surge in imports, and protect the Kingdom's exports that may be subject to trade remedies proceedings.
For further details and updates on the investigation, interested parties can visit GAFT's official website at www.gaft.gov.sa.
