The surcharge imposed on imports will have a positive affect on the Turkish home textile industry, too. With a new decision on import taxes an additional 50% duty has been imposed on imports of bedcovers, quilts and pillows.
Yasar Kucukcalik, President of Turkish Home Textile Industrialists’ and Businessmen’s Association (TETSIAD), said that the cheap products coming from the Far East will not influence the production and this would generate a considerable amount of added value and employment. The additional duty imposed with the purpose of limiting imports will provide positive results for the home textile sector.
Yasar Kucukcalik commented, “Imports will be reduced with this new initiation and the sector will increase production capacity and there will be millions of dollars of added value with this new tax imposed 50% on bedcovers, quilts and pillows.” As of May 25, 2015, the products imported from all countries except EU members, EFTA members, Israel, Macedonia, Bosnia-Herzegovina, Morocco, Western Bank and Gaza Strip, Tunis, Egypt, Georgia, Albania, Jordan, Chili, Serbia, Montenegro, Kosovo, South Korea and Mauritius, are imposed 50% surcharge to support domestic industry.
