Turkey Imposes Protective Tariffs on Textiles from Least-Developed Nations

[2011-04-28 17:24:50]


Recently Turkish government announced a decision on imposing temporary protective tariffs of 17% on textiles originating in the least developed countries/regions.

The decision, formally effective from July 21, 2011, is to protect Turkey’s local manufactures.

As a least-developed country, Bangladesh exports a large number of textiles to Turkey with a value of about USD one billion each year.
Source: ETCN
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