Turkey applied safeguard measure in the form of ad valorem duties concerning imports of polyester fibre originating in Iran. According to the Presidential Decree no. 2486 published in the Official Gazette on 5 May 2020, imports of polyester fibre (customs code: 5503.20.00.00.00) from Iran shall be subject to following annual duty rates starting from 21 September 2020: 18,5% for the first year, 18,0% for the second year, 17,5% for the third year. Such duties are collected in addition to regular customs duties.
Safeguard measure imposed on polyester fibre imports from Iran