ANNOUNCEMENT 12 Oct 2015

In October 2015, the government of Turkey announced an altered import quota.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising
Inception date: 05 Nov 2015 | Removal date: 30 Jun 2016

Import quota

On 5 November 2015, the government of Turkey introduced an import tariff quota (ITQ) on steel wires classified under the tariff subheadings 7217.10 and 7217.20. The ITQ provides an exemption from the additional duties (see related state act). The additional duties imposed on steel wire is 25 percent. Within a tariff quota of 6.000 tonnes, no additional duty is imposed. As a result of this Decree being issued, steel wire that previously paid the additional duty of 25% now exempt from this additional duty. The MFN duty on steel wires is 0%.

The ITQ on imports is valid from 5 November 2015 until 30 June 2016.

 

AFFECTED SECTORS