TURKEY

U.S. Terminates Duty-Free Benefits for Turkey

20 May 2019

President Trump issued a proclamation on 16 May rescinding Turkey’s designation as a beneficiary country under the Generalised System of Preferences, effective 17 May. More

hktdc research

U.S. to Terminate Duty-free Benefits for India and Turkey

06 March 2019

President Trump announced on 4 March his intent to terminate the eligibility of India and Turkey as beneficiary developing countries under the Generalised System of Preferences. These changes will not take effect until at least 3 May and will be enacted by a presidential proclamation. More

hktdc research

WTO Disputes over U.S. Actions on Imported Steel and Aluminium, Certain Mainland Chinese IPR Policies Move Forward

27 November 2018

The WTO Dispute Settlement Body agreed at its 21 November meeting to establish a panel to examine allegations by seven economies – mainland China, the EU, Canada, Mexico, Norway, Turkey and Russia – that the Section 232 tariffs the United States imposed earlier this year on imported steel and aluminium contravene U.S. multi-lateral obligations. More

hktdc research

Turkey’s Competitive Incentive Schemes

25 October 2018

Turkey’s ambitious incentive programmes provide local and foreign investors equal access to a wide range of support measures, including various fiscal incentives, land allocation and interest rate support. The project-based incentive scheme, which came into force in late 2016, further enables investors to tailor their own incentive package from a pool of support instruments in order to make their investment the most feasible and profitable. More

hktdc research

Turkey’s Super Incentives Scheme: Large Package of Benefits Tailored to the Needs of Desired Investments

24 September 2018

Turkey’s project-based incentive scheme, which came into force on 26 November 2016 pursuant to the Decree on Project-Based State Support for Investments, is a specific scheme providing possibilities greater than those provided under the already existing general, regional, priority, large-scale and strategic incentives schemes. More

hktdc research

U.S. Flexes Trade Muscle Against Turkey as High-Ranking Senate Lawmaker Voices Concern About Section 232 Product Exclusion Process

14 August 2018

President Trump announced in a 10 August tweet that he has authorised the doubling of Section 232 tariffs on steel and aluminium from Turkey, showcasing his willingness to play hardball on trade matters – even against historical allies – in an effort to get his way on priority issues. More

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Incentives for Turkey’s Belt and Road Partners

09 July 2018

multimedia

Reviving Trade Routes in Turkey

29 June 2018

venture hong kong

Toy Story

14 December 2017

Set up in 2010, Bioserie started out making phone covers using bioplastics, which are made from organic biomass sources. More

hktdc research

Twenty Year Old EU-Turkey Customs Union May Get a Facelift

27 January 2017

On 21 December 2016, the European Commission announced that it has asked the European Council for a mandate to enter into negotiations with Turkey with a view to modernising the existing EU-Turkey Customs Union. Currently, trade between the EU and Turkey is governed by the Customs Union that entered into force in 1996, which allows the tariff-free trade in goods. The current agreement does not include agriculture (except for processed products), services, or public procurement. More

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