Turkey conducts safeguard investigation into pneumatic tyres

VOV.VN - Turkey has announced its initiation of safeguard investigation into pneumatic tyres imported from Vietnam as from April 6, according to the Vietnam Competition Authority.

The plaintiff accused that the import growth has caused significant damage to the domestic industry resulting in the reduction of consumption, productivity, sales, exports, employment and profits.

Turkey said if any businesses want to register to become relevant sides they should fill in the registration form and send it to Turkey authorities within 20 days as from the issuance date. While filling in the form, they can also ask for consultation by the investigation agency. Consultation time and place is announced on the website of the Turkey Ministry of Economy.

Vietnam is currently exporting a huge volume of pneumatic tyres to Turkey.

Earlier in August 2016, Turkey extended anti-dumping duties of 29% and 49% on Vietnamese motorbike tyres.
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// POLL JS