ANNOUNCEMENT 02 Mar 2015In March 2015, the government of Turkey announced an altered import quota.
NUMBER OF INTERVENTIONS
Title: Ithalatta Tarife Kontenjani Uygulanmasi Hakkinda Karar
Decree No. 2015/7358
On 2 March 2015 the Turkish government decided to open a new quota for bamboo thread. According to decision, imports of up to 2,000 tons will be exempted from import duties if realized prior to 31 December 2015.
The government stated insufficient domestic supply as the motivation for this liberalization.
The tariff outside the quota is 3.2- 4%, depending on the type of thread.