News » US Cotton Under Fire By Turkey 18.10.2014
Turkey initiated an anti-dumping investigation on "upland cotton" originating in the US. The initiation communique was published on 18th October, 2014 in the Official Journal. The investigation initiated without petition of the domestic industry but "ex-officio". This is the first anti-dumping investigation initiated "ex-officio" by Turkish authorities.

It is a question mark why Turkish authorities initiated an anti-dumping investigation rather than countervailing duty investigation. It is the well known fact that US subsidized its cotton producers remarkably. Recently, the U.S. and Brazil reached a $300 million agreement to resolve a dispute over cotton subsidies that has bedeviled the two nations for more than a decade.  US preferred to pay $300 million to Brazil rather than removal of the countervailable subsidies. 

It is the fact that US is the main supplier of cotton to the world and to Turkey. More than 50% of Turkish demand is met by US cotton. We will see whether the outcome of this investigation will adversely affect Turkish textile industry.     
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