Turkey: Customs duties on some agricultural products have been revised without increasing rates

Published 2021년 6월 22일

Tridge summary

A recent government decision, published in the Official Gazette, maintains the customs duty rates for several imported agricultural products, including garlic, almonds, walnuts, bananas, tea, snack sunflowers, and peanuts, to protect and support local production. The President's Decision aims to create a fair market by preventing imports with unusually low unit prices and to shield producers from unfair competition. This decision is part of a larger effort to harmonize import regulations with bilateral trade agreements and EU tariff quotas, set to take effect after 15 days. Additionally, a Presidential Decree lowers customs tax rates for some industrial products to align with the European Union's rates, effective from July 1, in an attempt to lower the costs for industrialists and boost their competitiveness.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A regulation was made in such a way that the customs duty rate to be charged on imports of garlic, almonds, walnuts, bananas, tea, snack sunflowers and peanuts would not change. The President's Decision on Amending the Import Regime Decision was published in the Official Gazette. With the decision, changes were made in the customs duty rates applied to the import of garlic, almonds, walnuts, bananas, tea, sunflowers for snacks and peanuts in order to protect and support domestic production. While the tax rates were divided into proportional and fixed (additional financial liabilities per ton), it was aimed to implement a more effective application without changing the total customs tax rate. With the regulation, it is aimed to create a fair and competitive structure in the agricultural sector by preventing imports with unit prices far below the world prices. In this context, it is foreseen to protect the producer, to prevent the formation of an unfair competition environment in ...
Source: Sondakika

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