Turkey suspends phone probe
The Turkish government on March 4 terminated investigations into mobile phones imported from Vietnam without safeguard measures, according to the Vietnam Competition Authority (VCA).
Illustrative image (Photo:VNA)Hanoi (VNA) - The Turkish government on March 4 terminated investigations into mobile phones imported from Vietnam without safeguard measures, according to the Vietnam Competition Authority (VCA).
On December 5, 2014, an investigation into mobile phones imported from Vietnam was launched by the Turkish government on the request of Turkey’s Vestel Elektronik Sanayi Company Ve Ticaret A.S. The company claimed that the increasing number of mobile phones being imported from Vietnam had hurt domestic producers profits, sales revenues and shares.
The value of Vietnamese mobile phones exported to Turkey was 418 million USD in 2013 and 643 million USD in the first 11 months of 2014.
On March 3, 2015, a Turkish investigation agency held a public hearing with concerned parties. Vietnam Trade Office in Turkey partnered with related Vietnamese enterprises to participate in the hearing.
VCA said the case showed it ensured the rights and legitimate interests of Vietnamese enterprises and created a positive precedent for cases of trade remedy investigations against export products from Vietnam.
According to statistics from the Vietnam Department of Customs, the country exported 30.2 billion USD worth of mobile phones in 2015. The country’s main markets included EU with 10.1 billion USD, the US with 2.77 billion USD and the United Arab Emirates with 4.48 billion USD.-VNA
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