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Trade barriers cannot alter Gulf's fundamental petrochemical strengths, says Al-Naimi

Fourth Annual GPCA Forum gets underway in Dubai   Dubai, December 9 2009: Saudi Arabia’s Minister of Petroleum and Mineral Resources H.E. Ali bin Ibrahim Al-Naimi said today that neither the recession of 2008 nor any protectionist measures by parties outside the GCC region can alter the fundamental reality of the region’s long-term comparative advantages that will enable it to be the world’s leading hub for petrochemicals production, and increasingly, the hub for more sophisticated downstream products.     Addressing...

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