High taxes on inputs hurt Turkish apparel exports
December 27, 2011 (Turkey)
The competitiveness of Turkish apparel exporters is being affected by a recent increase in taxes on raw materials, according to top officials of various retail associations.
Through a new regulation in June this year, the Turkish Government imposed an additional tax of 20 percent on import of textile products into the country, excluding imports from the EU.
More:Turkey : High taxes on inputs hurt Turkish apparel exports - Apparel News Turkey