Turkey imposes anti-dumping evasion duties on Vietnam’s POY yarn
Turkey has decided to levy anti-dumping evasion duties of 8 percent on partially oriented yarn (POY) products imported from seven countries and territories including Vietnam, according to the Ministry of Industry and Trade.
Hanoi (VNA) – Turkey has decided tolevy anti-dumping evasion duties of 8 percent on partially oriented yarn (POY)products imported from seven countries and territories including Vietnam,according to the Ministry of Industry and Trade.
The ministry cited the Turkish Ministry ofEconomy’s announcement 2017/23 on June 21 on the final results of itsanti-dumping duty evasion investigation into POYproducts from China, Indonesia, Malaysia, Indonesia, Taiwan (China),Thailand and Vietnam.
POY imported from Vietnam,coded HS: 5402.46, is the material to produce polyester yarn (PTY) which iscurrently subject to anti-dumping duties.
Turkey said theinvestigation found that from January 1, 2010 to December 31, 2016, theimported quantity of the POY had surged significantly, thus reducing the effectof anti-dumping measures applied to PTY.
The investigation wasinitiated on February 25, 2017 followinga complaint filed by Turkish textile manufacturer Korteks Mensucat ve SanayiAnonim Sirketi.-VNA
The Turkey Ministry of Economy’s General Directorate of Imports has issued the final decision on anti-dumping investigation into polyester textured yarn imported from some countries, including Vietnam
The General Directorate for Imports under the Turkish Ministry of Economy has slapped a temporary duty of 36.28 percent on partially oriented yarn (POY) products imported from Vietnam, according to the Vietnamese office of commercial affairs in Turkey.
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Illustrative photo (Source: VNA) 
