Global Trade Alert
Global Trade Alert

Turkiye: Turkish Government provides investment incentives to support the production of yarn

Announcement

19 Jun 2023

In June 2023, the government of Turkiye approved various investment incentives to support the production of yarn.

Source

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Number of interventions

3

2 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

19 Jun 2023

Revocation date:

No revocation date

Updated: 19 Jun 2023
Tax or social insurance relief In force

On 19 June 2023, the Turkish Ministry of Industry and Technology granted Arsan Tekstil a selective tax concession by providing the company a customs duty exemption for its machinery and equipment i...

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Updated: 19 Jun 2023
Tax or social insurance relief In force

On 19 June 2023, the Turkish Ministry of Industry and Technology approved a tax relief for the investment project of Arsan Tekstil (Arsan Tekstil Sanayi ve Ticaret A.S.) to support its production o...

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Implementation date

19 Jun 2023

Revocation date:

No revocation date

Updated: 19 Jun 2023
Import tariff In force

On 19 June 2023, the Turkish Ministry of Industry and Technology granted Arsan Tekstil a customs duty exemption for its machinery and equipment imports, specifically for yarn production. The custom...

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