Turkey moves to cut Pakistani textiles import
The Consul of Ministers, Government of Turkey, has agreed to enforce protective safeguard measures on the import of Pakistani textiles with effect from July 24, 2011. According to a notification of Consul of Ministers issued on Saturday, there will be an additional 18 percent customs duty on the import of denim…
Egytex News Desk
Egytex
It said the step was aimed at protecting the local textile industry. The decision will be enforced from July 24, 2011.
Turkey has taken the step on the complaint of its domestic industry, which claimed huge losses due to imports. This action is being taken under the provisions of the WTO Agreement on Safeguards.
The Turkish government has also proposed to enhance the duty on garments from 9.5 percent to 52 percent, which will seriously affect Pakistani exports. The notification said that the duty on woven fabric has been increased to 24.4 percent, woven fabric with elastic yarn will be charged $1 per kg and all other yarn will be charged up to $4 per kg.
Pakistan and Turkey have been working for signing trade agreements and facilitating land trade, but the enhancements of duties would negate all such efforts, exporters said. Pakistan has a significant share of Turkish market, particularly in denim and gray cloth.
From the Egytex news archive, first published on 27 March 2011. Figures and names are as reported at the time.
