UP

Turkey gives up quotas on Russian steel imports

Home page Politics
12 Punto 14 Punto 16 Punto 18 Punto

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

Sahiba Gafarova met with Malaysian PM - Photo

Azerbaijan’s Prime Minister meets with Kyrgyz President

Turkiye's Defense Ministry congratulates Azerbaijan

Azerbaijani PM visits Kyrgyzstan for OTS summit

Ilham Aliyev received European Commissioner for Enlargement

Ilham Aliyev thanks Donald Trump

Trump shares a photo of historic Aliyev–Pashinyan meeting

Azerbaijan and the UAE sign 14 cooperation documents

President of UAE watched Karabakh horses show at Jidir Duzu

Presidents visited Shusha Branch of National Carpet Museum

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