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

Pic: Shutterstock

Apparel/Garments | On 24th Feb 2020

Myanmar's garment units risk closure due to virus impact

Myanmar's garment factories are facing the risk of shutdown as the...

Pic: Shutterstock

Apparel/Garments | On 24th Feb 2020

GMAC urges EU to restore full EBA rights for Cambodia

Expressing disappointment over the recent European Union (EU)...

Pic: Shutterstock

Apparel/Garments | On 24th Feb 2020

Uzbekistan 3rd biggest garment exporter to Kazakhstan

Uzbekistan exported 10,000 tonnes of apparel to Kazakhstan in 2019,...

Interviews View All

Top executives, Association

Top executives
Association

'Support and Outreach' huge relief for MSMEs

Top executives, Textile industry

Top executives
Textile industry

GST has levelled the playing field to an extent

Sonia Agarwal, Whitenife

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Rikesh Mistry,

Rikesh Mistry

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

Marcello Galvanin,

Marcello Galvanin

Galvanin has more than 50 years of experience in the production of textile ...

Franco Ravazzi,

Franco Ravazzi

Italy-based Tessimenti E Orditi Tinti (T.O.T SRL) specialises in stocking...

Shujaul Rehman, Garware Technical Fibres

Shujaul Rehman
Garware Technical Fibres

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Andreas Lukas, Andritz Nonwoven

Andreas Lukas
Andritz Nonwoven

With forces in engineering and process development, Andritz Nonwoven...

Ayyappa Nagubandi, Broadcast Wearables Pvt Ltd

Ayyappa Nagubandi
Broadcast Wearables Pvt Ltd

Hyderabad-based Broadcast Wearables has come up with the country's first...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

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

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Mike Hoffman, Gildan Activewear SRL

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

Leave your Comments


February 2020

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


Advanced Search