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On December 25, 2024, Türkiye unexpectedly increased the Special Consumption Tax (SCT) on distilled spirits by 12.5 percent, excluding domestically produced raki.
On April 16, 2021, the Government of Turkey (GoT) removed the three percent anti-dumping duty on U.S. cotton.
Two key free trade agreements – the Dominican Republic-Central America Free Trade Agreement (or CAFTA-DR) and the U.S.-Panama Trade Promotion Agreement – have stimulated U.S. agricultural exports...
Turkey has removed the tariff increases imposed on US products in August 2018, halving the total additional tariffs imposed in 2018, effective immediately on May 21, 2019.
Line graph showing the total U.S. agricultural exports to the northern triangle region of the Central America. Total exports in 2016 equaled $2.2 billion.
Central America’s Northern Triangle – which includes El Salvador, Guatemala, and Honduras – offers significant market opportunities for exporters of U.S. farm and food products.
Turkey has delayed the implementation of a Product Verification Monitoring System (PVMS) for another one year.
Turkey’s new Law on Industry Property consolidates and updates existing decrees covering Geographical Indications (GIs).
Turkey has delayed the implementation of a Product Verification Monitoring System (PVMS) for another three months.
In January 2016, Turkey’s Ministry of Food Agriculture and Livestock added new categories to their genetic requirements which broadened the variety of genetics which can be imported to Turkey.
The implementation of the CAFTA-DR agreement and favorable market conditions have resulted in more franchises and supermarkets.
Since the United States entered into the CAFTA-DR trade agreement, U.S. agricultural exports to the six CAFTA-DR countries have more than doubled.