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Turkey to reconsider anti-dumping duty issue
31
Jan '11
A delegation from Pakistan recently called on the Secretary for Foreign Trade, Cemalettin Damlaci and Ankara MNA, Burhan Kayaturk, who also serves as a Chairman of the Turk-Pakistan Inter-Parliamentary Group, to discuss the anti-dumping duty, that the Turkish authorities propose to impose on textile fabric imports from six nations across the world, including Pakistan. The information was revealed by the Sindh Board of Investment (SBI) in a statement.

During the meeting, the Turkish authorities gave an assurance that they will not make any decision which may unjustifiably prove detrimental to the Pakistani economy. The delegation put forward several reasons so as to persuade the Turkish authorities not to impose such duty on Pakistan's exports. They claimed that the Pakistani exporters are not engaged in any such dumping activities, and that imposition of such duty would even prove detrimental for the Turkish value added sector which highly relies on imports.

Turkish authorities valued this outlook of the Pakistani delegation and gave an assurance that they will not take any decision which may unjustifiably prove detrimental to the Pakistani economy. They elucidated that this is only an analytical stage, and it authorities and entrepreneurs that any decision regarding this matter would be taken only through a may take around eight to nine months for them to reach a final decision. However, they assured the Pakistani transparent process.

Fibre2fashion News Desk - India


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