Indonesia
Tuesday, 05 May 2015
Indonesian trade officials are considering filing a complaint against Turkey with the World Trade Organization (WTO) over their anti-dumping measures on yarn. Last week, Turkish trade authorities announced that higher levies would be implemented on Indonesian yarn for at least the next 5 years, a move which Indonesian officials say would hurt local companies. Turkish imports of Indonesian yarn account for about 10% of their total market. (Fibre2Fashion)