Home / Knowledge / News / Textiles / India lodges protest at WTO against Turkish yarn duty
India lodges protest at WTO against Turkish yarn duty
15
Feb '12
The Indian government has lodged a trade complaint with the World Trade Organisation (WTO) against extension of Turkey's safeguard measure on imports of cotton yarn from India, the WTO website reveals.

Turkey had earlier imposed the safeguard duty in 2008 for a period of three years, but extended it provisionally in July 2011, with the intention to conduct a sunset review and finally re-imposed the duty.

In the sunset review, although Turkey has removed the duty on cotton yarn imports from a few countries, who export cotton yarn in small quantities, it has been re-imposed on Indian cotton yarn imports.

In 2009, due to the imposition of safeguard duty, imports tariffs on cotton yarn surged to 15-20 percent instead of the 5 percent that was imposed in earlier times.

India has put forth an argument that Turkey cannot re-impose the safeguard duty, once it has expired.

In its trade complaint put before the WTO, India has requested for a consultation with Turkey on the issue before filing a full-fledged legal complaint at the WTO.

In a bid to protect the domestic textile industry, Turkey had imposed the safeguard measure in 2008, following a surge in cotton yarn imports beginning from 2005.

Cotton yarn imports from all sources skyrocketed 63.6 percent in 2005, 46.9 percent in 2006 and 119.7 percent in 2007.

Fibre2fashion News Desk - India

Must ReadView All

L-R Manish Singhai, COO, Peter England; Vinai Kumar Saxena, chairman, KVIC; Ashish Dikshit, business head, ABFRL and Anshu Sinha, CEO, KVIC while signing agreement. Courtesy: ABFRL

Textiles | On 24th May 2017

Aditya Birla & KVIC enter into a strategic partnership

Aditya Birla Fashion and Retail Ltd (ABFRL) and Khadi and Village...

Courtesy: Jabong

Apparel/Garments | On 24th May 2017

Jabong Mood Store redefines online shopping in India

Jabong, India's leading online fashion retailer, has launched the...

Apparel/Garments | On 24th May 2017

G-III Apparel enters into license agreement with PVH

G-III Apparel Group has entered into a multi-year license agreement...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search