Monday, July 11, 2011

Turkey to impose safeguard duty on PET imports for three years

Turkey is to impose 5% safeguard duty on import of PET (Polyethylene Terephthalate) originating from all countries for a period of three years, which is extendable for another three years. However, thhis duty will specifically wipe out the market access for Pakistani exporters, since a major chunk of Turkey’s total imports of PET is from Pakistan, as per Dawn.

For more details on Turkey to impose safeguard duty on PET imports for three years click here

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