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Saudi firms accuse S. Korean firms of dumping

  • Saudi Arabia: Sunday, May 05 - 2013 at 01:36

The Saudi Export Development Centre has said a group of local private and government business entities plan to file a lawsuit against some South Korean firms for allegedly dumping products, notably in the energy and petrochemicals sector, on the Saudi market, Arab News has reported. South Korean companies are deliberately exporting products to the Kingdom at prices 20% below cost, said the head of the centre, Abdulrahman Al-Zamil. Similar cases are planned against certain government-owned companies that purchased these products, said Al-Zamil.

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