TAIPEI: Taiwan is to submit a formal statement to Turkey, voicing concern and asking for exemption from the country’s recent increase in tariffs on a range of imports, the Bureau of Foreign Trade said yesterday.
The bureau is to submit a statement to the Turkish government via the Taipei Economic and Cultural Mission in Ankara, saying that the additional customs duties would create unfair competition for Taiwanese industries and asking for an exemption for Taiwan, Lin said.
It is the eighth time in two years that Turkey has significantly increased tariffs on a range of goods entering its market, the bureau said.
Trade between Taiwan and Turkey totaled US$1.827 billion last year, with Turkey importing US$1.56 billion worth of goods from Taiwan, while Taiwan’s imports from Turkey totaled US$267.44 million.
The bureau said US$11.34 million of the imports from Taiwan last year fell in the 78 categories that are now subject to higher tariffs.