Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

Turkish economy minister backtracks on phone tax comments

byCustoms Today Report
05/09/2015
in Uncategorized
Share on FacebookShare on Twitter

ANKARA: After saying additional import taxes on electronic goods, mainly mobile phones, would be imposed, Economy Minister Nihat Zeybekci backtracked on Aug. 17.

“There won’t be any additional customs duties or compensatory taxes on tablets and mobile phones,” Reuters quoted Zeybekci as saying during a speech at the Turkey-Iraq Business Forum meeting in Istanbul.

You might also like

Power demand rises as heat intensifies; LNG cargoes sought to avert load-shedding

20/04/2026

Pakistan upsizes Eurobond issuance to $750m amid ‘strong investor demand’

20/04/2026

Last month he said the government would put additional import taxes on electronic goods in the coming days. The number of mobile phone sales shot up by 10 percent immediately after the announcement, reaching 1.1 million in the month.

Before his Aug. 17 backtrack, Zeybekci had also said in an interview with daily Milliyet that the new tax on imported mobile phones was intended to “drive [local] production” and customers should not expect a general price hike.

“We asked [companies]: ‘Why don’t you start producing in Turkey?’ We want all components, including the added value, workmanship, and technology stages, to be completed in Turkey,” he said.

But this doesn’t imply that we aim to create a domestic cell phone brand from scratch. Whether it be Apple or others, we would like these brands to continue their manufacturing in Turkey. Once we achieve this, the technology can be transferred to Turkey, slowly building from assembly-line work toward more complex processes, which will gradually form a technological framework,” Zeybekci told Milliyet.

 

Related Stories

Power demand rises as heat intensifies; LNG cargoes sought to avert load-shedding

byCT Report
20/04/2026

ISLAMABAD: As temperatures climb across the country, electricity demand has surged, prompting the Power Division to request four Liquified Natural...

Pakistan upsizes Eurobond issuance to $750m amid ‘strong investor demand’

byCT Report
20/04/2026

ISLAMABAD: The federal government has upsized its Eurobond issuance to $750 million, with an additional $250 million placed with global...

PFC welcomes easing of shipping costs, expects relief in trade pressures

byCT Report
20/04/2026

LAHORE: The Pakistan Furniture Council has expressed cautious optimism over the expected easing of shipping and freight costs following improvements...

Ethiopian Airlines plans direct Lahore flights to boost trade, connectivity

byCT Report
20/04/2026

LAHORE: Ethiopia’s Ambassador to Pakistan, Dr Oumer Hussein Oba, informed Commerce Minister Jam Kamal Khan that Ethiopian Airlines is planning...

Next Post

Dutch Green Ports to be Model for Turkey

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.