According to the Trade Remedies Authority of Vietnam (TRAV), the Turkish Ministry of Trade has received an anti-dumping complaint against polyester flat yarn from Vietnam and the Republic of Korea.
The export value of the product, coded HS 5402.47, from Vietnam to Turkey has been growing quickly over recent years, from about 1.69 million USD in 2018 to 4.65 million USD in 2019 and 11 million USD last year, figures from the International Trade Centre and the Vietnamese Trade Office in Turkey show.
TRAV said, after receiving a complaint and if an anti-dumping investigation is officially begun, the investigation agency will publish a notification in the official gazette and provide a description of the case and investigative questions to involved countries and exporters, according to Turkish regulations.
As a result, TRAV recommends that the Vietnam Cotton & Spinning Association, as well as relevant producers and exporters, communicate and coordinate with the authority early on to create response strategies in the event that an anti-dumping investigation is initiated.
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