Saudi Arabia: Lifts export ban on steel.

Measure #0264 | Published 14 Jul 2009 ▲

Description

After lengthy deliberation on 15 June 2009, and reported lobbying by domestic producers, Saudi Arabia has lifted its one-year long ban on steel exports . However, the government has made it clear that the reform is subject to three conditions:
1- Domestic market demand is given priority, only excess supply is to be exported;
2- Domestic Producers must reserve 10% of their production at all times for strategic domestic requirements;
3- Pricing be kept at "reasonable" levels.
 
In order to reveal the bilateral trading partners above 1'000'000 USD per year and per tariff line, one needs to find the year prior to the ban (2007 in this case). 

 
 

Any Evidence-Based Deliberation:

Question Result
Is there anything in the public record to suggest that evidence of the effectiveness of the proposed measure was considered during official deliberations? Yes
Is there any evidence that alternatives to the proposed measure were considered? No
Is there anything in the public record that suggests that empirical evidence informed the comparison across the alternatives available to government? No
Was such evidence identified? No
Is such evidence publicly available? No
Did the official decision-maker in question provide an explanation as to why a chosen measure was favoured over alternatives? No
Is there any evidence to suggest that potentially affected trading partners were consulted before the measures were taken? No
Is there any evidence that safeguards have been put in place to ensure that implementation of the initiative is transparent and non-discriminatory? No
Did the government state its intention to review the measure within one year of implementation? Yes

Implementing Jurisdiction:

Affected Trading Partners:


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Measure type:

Affected Sectors:

Affected Tariff Lines:

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Date Discovered: 09/07/2009

Implemented: Yes

Date of inception: 15 Jun 2009

GTA Evaluation: Green

Source:

Saudi Arabia Chamber of Commerce, URL:http://www.chamber.org.sa/Arabic/MediaCenter/BusinessNews/Pages/2369852000.aspx
Asraqia Chamber, Dammam, URL:http://www.aleqt.com/2009/06/15/article_240410.html
Government sources have confirmed this measure.

Government Response:

Glossary of trade terms