Turkey imposes AD duties on Vietnam plywood, polyester textured yarn

VOV.VN - The Turkey Ministry of Economy (TMoE) has issued its final decision on the anti-dumping investigation into plywood imported from some countries including Vietnam, said the Vietnam Competition Authority under the Ministry of Industry and Trade on August 30.

turkey imposes ad duties on vietnam plywood, polyester textured yarn hinh 0
The TMoE reported that only two Vietnamese businesses provided full information for investigation agencies on schedule and proved that the exported products made by themselves so they won’t be imposed anti-dumping tax avoidance measures.

Businesses which did not provide information for investigation agencies will be levied anti-dumping tax of US$240 per cubic metre of plywood.

The decision will come into effect soon after the TMoE officially announced it, but, it will get feedbacks on the investigation of relevant sides before September 2.

Turkey initiated an investigation on May 27, 2015 into a possible avoidance of anti-dumping tax of plywood imported from some countries including Vietnam from 2010 to now.

Earlier in 2006, Turkey imposed anti-dumping duties of US$240 per cubic metre on similar products from China.

The trade office of Vietnam Embassy in Turkey said on August 29 that the General Directorate of Imports (GDI) - TMoE also issued its decision on the anti-dumping investigation into polyester textured yarn imported from some countries including Vietnam.

Accordingly, it will impose anti-dumping margins of 34.81%-72.56% on Vietnam products and 8.48%-37.69% on Thai products.

It said relevant businesses can send its petitions and feedbacks before September 5. It will hold hearings for each business on September 7 and open hearings on September 8.

The decision will be submitted to the Minister of Economy late September to issue a final decision on the first week of October.

After Korteks Mensucat Sanayive Tic. A.S. lodged its AD lawsuit on imported polyester textured yarn, the GDI began investigations on May 15, 2015.

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