Turkiye: Turkiye Announces Tariff Quota for Sunflowerseed-Crude Sun Oil
In early August, Turkiye announced that it will open a lower-duty quota for 1.0 million metric tons of sunflower seed or crude sunflower oil equivalent, starting from January-April of next year. The reason the quota isn’t opening until that time is to protect the domestic sunflower industry from an influx of cheap imports during the upcoming harvest. In order to apply for a quota license, Turkish firms must first purchase an equivalent amount of domestic sunflower seed. The Turkish sunflower industry welcomed the domestic purchase provision, which the government hasn’t required for about a decade.