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08 Nov
16:04

GCC needs trade barriers, political hurdles remain: AISU

The need for trade barriers in the Gulf Cooperation Council is far more pressing now than it was a few years ago, but political hurdles to their implementation remain. This was the general consensus of participants at this week’s Arab Iron & Steel Union (AISU) summit. Foulath chairman Khalid Al Bassam said it was understandable that 4-5 years ago GCC governments were hesitant to impose trade barriers considering the regional steel market’s small …
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