Thursday, July 19 2018

VietNamNews

Turkey applies measures on VN yarn

Update: July, 03/2018 - 16:00
Turkish authorities decides that the POY products imported from Việt Nam will be subject to an anti-tax avoidance tax of 8 per cent on cost, insurance and freight (CIF) price when being exported to the Turkish market. — Photo ndh.vn
Viet Nam News

HÀ NỘI — Turkey’s General Directorate for Imports has issued its final decision to impose anti-dumping duties on Partially Oriented Yarn (POY) imported from China, India, Malaysia, Indonesia, Taiwan, Thailand and Việt Nam, according to the Việt Nam Competition Authority.

The Turkish Ministry of Economy launched a preliminary investigation in February last year on POY imported from the seven markets from January 1, 2010 to December 31, 2016, following a petition from Korteks Mensucat ve Sanayi Anonim Sirketi Company.

The ministry concluded that there was a significant increase in POY imports that reduced the effect of anti-dumping measures on polyester fibers.

As a result, the Turkish authorities decided that the POY products imported from Việt Nam would be subject to an anti-dumping tax of 8 per cent on cost, insurance and freight prices. — VNS

 

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