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GCC customs committee considers proposal to lift 5% customs duty

May 25, 2010 - 11:49 GMT Location: London

KEYWORDS: GCC steel , steel import duty

The proposal to lift the 5% duty on imported steel products to the Gulf Corp Council (GCC) has been passed on to a GCC customs committee to make a decision, traders told MB

It is estimated that it could take up to three months for the committee to reach a decision. Ministers of finance from Saudi Arabia, Qatar, Kuwait, Bahrain, Yemen, Oman and the UAE...

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