Turkey takes US to WTO over duties on pipe, tube products
by Daily Sabah with Reuters
ISTANBULMar 09, 2017 - 12:00 am GMT+3
by Daily Sabah with Reuters
Mar 09, 2017 12:00 am
Turkey has launched a complaint at the World Trade Organization (WTO) to challenge the U.S. anti-subsidy duties on Turkish pipe and tube products, the WTO yesterday.
The products include oil country tubular goods, welded line pipe, heavy walled rectangular welded carbon steel pipes and tubes and circular welded carbon steel pipes and tubes, a WTO statement said.
Under WTO rules, the United States has 60 days to settle the dispute. After that period Turkey could ask the WTO to adjudicate. The WTO did not immediately have detailed information on the complaint.
As previously reported on Daily Sabah, in reaction to an anti-dumping investigation launched by the U.S. against the Turkish steel industry and the imposition of additional tariffs, Turkey is planning to file a complaint to the World Trade Organization (WTO) against the U.S.
Economy Minister Nihat Zeybekçi in described the anti-dumping investigation and introduction of additional tariffs on Turkish steel exports to the U.S. as unreasonable and unjustified in a statement in January. "We have completed our file work. We will file a complaint against the U.S. with the WTO. We are going to see how the WTO will perform its functions," announced Zeybekci.Recalling that the U.S. had previously launched three investigations with no results, Zeybekci said that they launched the fourth investigation on grounds that a Turkish producer bought raw materials from the Ereğli Iron and Steel Company, part of whose shares was owned by the Army Solidarity Institution (OYAK). The U.S. based its investigation on allegations that OYAK, a retirement fund of the army, is also a military institution with ties to the state, and that therefore the state has somewhat subsidized the deal.
Pointing out on the other hand, that it is normal for the producer company to buy material from Ereğli Iron and Steel, which is a private sector entity open to the public, and traded at the stock market, Zeybekci said there is no justification for the U.S. investigation. Zeybekci claiming that Turkey also took some counter steps against U.S. products in response and that they have conducted some studies in regards to some American products, took their own measures and will keep doing so.
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