Commercial Information Circulars

24-hour hotline : 23 922 922

e-mail address : enquiry@tid.gov.hk

Ref : CR EIC 230/2/1/1/1

29 March 2012

Dear Sirs,

Commercial Information Circular No. 239/2012

Turkey : Safeguard Measure on Cotton Yarn

According to a communication circulated by the World Trade Organization (WTO), Turkey has extended its safeguard measure on the imports of cotton yarn irrespective of country of origin. The communication (with document symbol G/SG/N/14/TUR/7) can be obtained from the WTO's website through the following link: http://docsonline.wto.org/gen_search.asp?language=1.

DETAILS

2.Salient points of Turkey's safeguard measure are set out below - 

BACKGROUND

3.After the imposition of initial safeguard measure since 15 July 2008, the Turkish authorities initiated an investigation in June 2011 to review the safeguard measure upon an evaluation of a safeguard petition from the domestic industry. They concluded that extension of the safeguard measure was essential to maintain the efforts sustained by the domestic industry to adjust itself to the market conditions and preserve the positive developments realized by means of the safeguard measure and to mitigate the negative effects of these uncertainties in the global markets and to proceed the adjustment efforts by domestic industry. A list of developing countries exporting less than 3 per cent of imports to Turkey and hence excluded from the measure is appended in the communication.

ENQUIRIES

4.For enquiries concerning the contents of this circular, please contact Ms Ann Leung/Mr. Derek Wong at telephone number 3403 6352 or the undersigned at 2398 5427. 

Yours faithfully,

(Miss Anna CHEUNG)

for Director-General of Trade and Industry