Turkiye Cuts Customs Duties On Imports From Azerbaijan
(MENAFN- AzerNews)
Nazrin Abdul
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Turkiye has recently reduced customs duties on select categories
of imports from Azerbaijan, effective July 1,
Azernews reports.
The decision, signed by Turkish President Recep Tayyip Erdogan
and published in the“Resmi Gazete,” outlines revised tariffs for
goods such as quince, mulberry, and iron semi-finished
products.
Under the updated regulations, tariffs for Azerbaijani imports
of mulberry and quince are set at 7.7%. Meanwhile, customs duties
on certain iron and steel products range from 11.3% to 15%.
Furthermore, additional customs duties on plastic pipes, hoses,
and non-alloyed aluminium sheets and plates from Azerbaijan have
been eliminated. Azerbaijani wines, up to an annual quota of 15,000
hectoliters, are now exempt from state duty as well.
Implementation of these changes falls under the jurisdiction of
Turkiye's Ministry of Trade.
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