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The application of additional financial obligations imposed on the import of various passenger cars originating from Mexico and the Republic of South Africa through the European Union (EU) has been expanded to include Vietnam, Japan, and Canada.
The Presidential Decision on the Application of Additional Financial Obligations on the Import of Certain Products has been published in the Official Gazette.
Accordingly, low customs duties are applied under the free trade agreements signed by the EU and Turkey with third countries.
It has been determined that exports to Turkey from countries with which Turkey does not have a preferential trade agreement are made through the EU with a Customs Union Certificate of Free Circulation (A.TR) at low customs rates. THE SITUATION AGAINST TURKEY HAS BEEN RECTIFIEDIn order to eliminate the unfair tariff disparity that arose against Turkey, the application of an additional financial obligation of 10% on various passenger cars originating from Mexico and the Republic of South Africa will also be applied to conventional, hybrid, and electric passenger cars imported through the EU with an A.TR Certificate of Free Circulation originating from Vietnam, Japan, and Canada, in addition to the relevant countries.
Due to the expansion of the application in terms of products and countries, the decision will come into effect 30 days later.
The provisions of the decision will be executed by the Minister of Trade.
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