Ministry of Trade and Commerce Imposes Anti-Dumping Duties on Turkish Electrical Stoves – Evaluation and Response

2024-05-17 07:18:38

Following an investigation initiated in August 2023, the Ministry of Trade and Commerce concluded that there have been dumping practices concerning Turkish electrical stoves that have been harming the nationwide business. In response, provisional anti-dumping duties shall be imposed on affected merchandise, with charges starting from 34.05% to 62.07%.

In accordance with the findings of the survey, the import of electrical stoves from Turkey has seen a major enhance, which impacts each manufacturing and nationwide consumption. This enhance in imports had a noticeable affect on the costs of native electrical stoves, in addition to on the financial and monetary indicators of the nationwide business.

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An in depth evaluation established a causal hyperlink between the rise in dumped imports and the harm to the home business. Accordingly, the Ministry determined to impose momentary anti-dumping duties to guard the pursuits of the home business.

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events can have 15 days to reply to this motion by submitting their feedback and extra info. This method goals to ensure a clear and truthful course of in decision-making.

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