SIDC says initial report issued on anti-dumping complaint against China, India

Logo of Saudi Industrial Development Co. (SIDC)

Saudi Industrial Development Co. (SIDC) announced the issuance of the preliminary report by the Office of the Technical Secretariat to Combat Harmful Practices in International Trade regarding the anti-dumping complaint against imports of sanitaryware from China and India.

In a statement to Tadawul, the company said that the technical secretariat office, based on the preliminary investigation results, identified dumping via imports of sanitaryware such as ceramic washbasins, pedestals, bathtubs, bidets, toilet seats, water tanks, urinals, and similar fixed sanitary items classified under tariff codes (69109000 - 69101000) of the Unified Tariff System, originating from China and India.

This has inflicted material harm to the GCC industry, the report said.

In accordance with Article 21 of the executive regulations, the permanent committee issued its decision regarding the preliminary report to proceed with the investigation without imposing interim measures.

Imposing anti-dumping duties will contribute to creating a fair competitive environment, in line with international trade regulations, thereby improving the company's overall performance, the statement added.

According to data compiled by Argaam, SIDC announced in August 2023 that a decision was issued by the GCC Standing Committee for Combating Harmful Practices in International Trade to initiate investigation procedures on the anti-dumping complaint filed against imports of sanitaryware sets from China and India.