Saudi Arabia Launches 1st Ever WTO Dispute, Targets EU Mono-Ethylene Glycol Duties

Saudi Arabia requested dispute consultations at the World Trade Organization for the first time since joining the multilateral body, over the European Union's antidumping duties on mono-ethylene glycol imports from the kingdom, the WTO said Aug. 19. Saudi Arabia said the duties, imposed June 10, are inconsistent with the WTO's Antidumping Agreement and the General Agreement on Tariffs and Trade 1994. “Mono-ethylene glycol is a liquid used in the production of polyester fibres and film, polyethylene terephthalate (PET) resins and engine coolants,” the WTO said.