The government of Turkey on 11 November 2016, increased the import duties on a range of products classified under the following categories:
- Pulp, paper and paperboard,
- Printed maps; music, printed or in manuscript; postcards, greeting cards, pictures and plans,
- Stamps, cheque forms, banknotes, stock certificates, brochures and leaflets, advertising material and other printed matter,
- Registers account books, notebooks, letter pads, diaries and similar articles, blotting-pads, binders, file covers, forms and other articles of stationery, of paper or paperboard,
- Paints and varnishes and related products; artists' colours; ink,
- Chemical products n.e.c.,
- Packaging products of plastics,
- Other plastics products,
- Other manufactured articles n.e.c.,
- Other fabricated metal products,
- Optical instruments and photographic equipment, and parts and accessories thereof.
The newly increased import duties range from 11% to 25% (depending on the type of product). The previous import duties range from 0% to 6.5% (depending on the type of product and based on the latest available data provided by the WTO for the year 2015).
Furthermore, the government of Turkey exempts the following categories of countries from these newly increased import duties:
- EU Member Countries, EFTA-Member Countries as well as countries that Turkey has FTAs with (i.e. Israel, Macedonia, Bosnia-Herzegovina, Morocco, Western Bank and Gaza Strip, Tunisia, Egypt, Georgia, Albania, Jordan, Chile, Serbia, Montenegro, Kosovo, Moldovia),
- South Korea,