UP

Turkey gives up quotas on Russian steel imports

Home page Politics
12 Punto 14 Punto 16 Punto 18 Punto
Turkey gives up quotas on Russian steel imports

Turkey has terminated its special protecting probe on steel imports, particularly on steel products from Russia, without imposing restrictions, Russia’s Industry and Trade Ministry said in a statement on Tuesday.

Axar.az reports citing TASS.

"As a result of the investigation, the Turkish side made a unanimous decision to terminate the probe without imposing any restrictions due to the lack of a sharp and substantial growth of steel products imports to the Turkish market, and a serious damage or threat of inflicting such a damage to Turkish producers," Minister Denis Manturov was quoted as saying.

The work of Russia’s trade mission in Turkey has allowed "consolidating the efforts on preventing introduction of barriers against Russians steel products and maintaining Russian supplies to the Turkish market worth over $1.5 bln on average," the minister noted.

In April 2018, Turkey initiated a special probe regarding steel imports as the US’ move to impose tariffs on imported steel resulted in redirection of flows of products to Turkey. In October 2018, Turkey introduced temporary quotas, imposing an additional 25% duty on metal imports above the established quota.

Date
2019.05.07 / 22:34
Author
Axar.az
See also

Azerbaijani envoy presents credentials in Costa Rica

Money transfers from Georgia to Azerbaijan reached $7M

Aliyev: Azerbaijan-Uzbekistan ties reach alliance level

Azerbaijan’s C6 role strengthens regional cooperation

Aliyev: Azerbaijan-Uzbekistan trade rises 33% in 2026

Aliyev gave interview to Uzbekistan National News Agency

Azerbaijani envoy presents credentials to Costa Rican FM

Azerbaijan offers condolences to CAR over deaths of miners

Armenia to expand trade ties with Azerbaijan by 2031

Fourth republic currently being built in Armenia

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla