Home / Knowledge / News / Textiles / Turkey's anti-dumping duty shocks Pak textile exporters
Turkey's anti-dumping duty shocks Pak textile exporters
19
Jan '11
Turkey's decision to revise the anti-dumping duty on imports of cotton fabrics and readymade garments from Pakistan on the higher side, has given a jolt to the textile sector of Pakistan as the move will negatively impact its textile exports to Turkey.

While the Pakistani textile industry is already distressed with the European Union (EU) deferring the decision of granting import duty relief to help the textile producers of the countries facing crisis, Turkey's decision came as another blow to the already ailing export sector.

As revealed by Dr Ikhtiar Baig, Advisor to Ministry of Textile, Turkey which is amongst the leading importers of Pakistani cotton fabrics has raised the anti-dumping duty on cotton fabric imports from Pakistan by 35 percent, whereas the same has been raised by 52 percent in case of garment imports.

Last few years proved to be a trying period for Pakistani textile goods industry owing to the similar anti-dumping measures imposed by the EU which deprived the country of its well rewarding market as it lost its major market share in the EU to other competing countries, which faced no adversities.

As per the 2009-10's financial data, Pakistan's textile industry exported $238 million worth of fabrics and apparels to Turkey.

According to the businessmen and textile sector analysts, the recent decision of Turkey would not only pose a threat to the Pakistan's textile export target for the current financial year, but would also lay an adverse effect on the production of looms in the country, which is already suffering the brunt of the worst ever power crisis.

Dr Baig informed that, the Cabinet of the Turkish government on January 18 gave its final nod to the Turkish government's decision.

Fibre2fashion News Desk - India


Must ReadView All

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

December 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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