Pakistan, Iran and UAE investigated in PET dumping probe

11/09/2009 12:00 - 578 Views

The European Union has threatened to impose tariffs on PET imports from Pakistan, Iran and the UAE in retaliation for what is believes could be anti-competitive subsidies and below-cost selling.

According to the Bloomberg news agency, the EU investigation will seek to determine if unfair practices have damaged Europe’s PET industry. Anti-dumping tariffs are already in place against PET from China, amongst other countries including India and Taiwan.

By Anthony Clark
Posted 7 September 2009 11:17 am GMT

Source: www.prw.com
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