Turkey imposes anti-dumping duties on cocoa oil imports

The Turkish government decided to impose anti-dumping duties on imports of Malaysian cocoa oil, according to the decree published in the Official Gazette of Turkey.

Bloomberg News Agency quoted a statement by the Turkish Ministry of Trade as saying that cocoa oil of Malaysian origin will be subject to anti-dumping duties because of its damage to Turkish domestic production.

The ministry said it decided to impose a dumping fee of 8.5 percent on the cocoa oil products of Barry Colbaut Manufacturing Malaysia, 7 percent on the products of the Guan Chong Cocoa Manufacturing Company, and 7.5 percent on the products of GCB Cocoa Malaysia and JP Cocoa.

Turkey also decided to impose a 10% duty on all imports of other cocoa oil products from Malaysia.

By Editor

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