Saudi Arabia became a member of the WTO in 2005. In its effort
to adapt its laws to be compatible with the WTO Agreements, the
Common Law on Anti-Dumping, Countervailing and Safeguard Measures
(“Common Law”) was enacted. However, the same was not
done at individual country level, but for GCC as a whole. This law,
attempted to combat the injurious and harmful trade practises in
all 6 member states of the Gulf Cooperation Council
(“GCC”) and governed the trade remedial measures in
Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab
Emirates.
As a step towards realizing its Vision 2030, , Saudi envisaged
the establishment of a domestic trade remedial body. Subsequently,
Saudi Arabia enacted the Law of Trade Remedies in International
Trade (“Trade Remedies Law”) on December 2, 2022. This
Law governs the conduct of anti-dumping, countervailing
(anti-subsidy) and safeguard investigations and the imposition of
trade remedies on imports into Saudi Arabia. In