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Related Keywords: American cotton growers, into Turkish steel exports, NCC, reckless policy, retaliation against US investigation, stockpiles, Turkey imposing three percent duty, Turkish government, US cotton exporters

Turkey is imposing the U.S. cotton exporters with a three percent duty as retaliation against a U.S. investigation into Turkish steel exports. The final decision of the Turkish government on its anti-dumping investigation of U.S. cotton was released.

Based on assertions that U.S. cotton was dumped into Turkey injuring the domestic fiber market — which the National Cotton Council (NCC) steadfastly challenged — a three percent CIF (cost, insurance and freight) duty has been imposed on all U.S. cotton fiber imports into Turkey, effective immediately.

Related Keywords: anti-dumping duty, KCCI, Perferential trade agreement, textile export, Trade ties, Turkish attache, Turkish delegation, Turkish government, Turkish market

Turkish government to strengthen trade ties with Pakistan is ready to sign the much-awaited Preferential Trade Agreement (PTA) with Pakistan. From the Turkish side there is nothing pending but there seems to be a delay by the Pakistani government, according to the Turkish official.