Vietnamese yarn faces anti-dumping complaint in Turkey

The Turkish Ministry of Trade has received an anti-dumping complaint against polyester flat yarn hailing from Vietnam and the Republic of Korea, the Trade Remedies Authority of Vietnam (TRAV) has said.

Tuesday, May 25, 2021 17:57

Vietnamese yarn faces anti-dumping complaint in Turkey ảnh 1

Illustrative photo (Source: VNA)

Hanoi (VNA) - The Turkish Ministry of Trade has received an anti-dumping complaintagainst polyester flat yarn hailing from Vietnam and the Republic of Korea, theTrade Remedies Authority of Vietnam (TRAV) has said.

The exportvalue of the product, coded HS 5402.47, from Vietnam to Turkey has been growingquickly over recent years, from about 1.69 million USD in 2018 to 4.65 millionUSD in 2019 and 11 million USD last year, figures from the International TradeCentre and the Vietnamese Trade Office in Turkey show.

TRAV said thataccording to Turkish procedures, after receiving a complaint and if an anti-dumpingprobe is officially launched, the investigation agency will make anannouncement in the official gazette and send a summary of the case andinvestigative questions to related countries and exporters.

Given this,TRAV recommended that the Vietnam Cotton & Spinning Association as well asrelevant manufacturers and exporters liaise and coordinate with the authorityearly on to prepare response plans in case an anti-dumping probe is indeed launched./.

VNA

#Turkish Ministry of Trade #Republic of Korea #Trade Remedies Authority of Vietnam #Vietnamese Trade Office #Turkey #Vietnam #VietnamPlus #Vietnam news

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