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Turkiye's safeguard measures on polyester staple fibres impact exports; India seeks compensation

By Economic Times - 4 weeks ago
India is seeking compensation from Turkiye following Ankara's decision to extend safeguard measures on polyester staple fibres, impacting trade worth USD 22.18 million in 2023-24. India, citing WTO norms, may impose retaliatory customs duties if consultations do not resolve the issue.

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