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

Amid Hormuz instability, attention shifts to Pakistan’s Gwadar port

25/07/2026

Pakistan-Libya trade has potential to exceed $1bn, claims LCCI President Saigol

25/07/2026

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

Amid Hormuz instability, attention shifts to Pakistan’s Gwadar port

byCT Report
25/07/2026

GWADAR: Iran has closed and reopened the Strait of Hormuz several times since the US-Iran war began in February. When...

Pakistan-Libya trade has potential to exceed $1bn, claims LCCI President Saigol

byCT Report
25/07/2026

LAHORE: Lahore Chamber of Commerce and Industry hosted a seminar titled “Enhancing Pakistan-Libya Trade and Economic Cooperation”, attended by Major...

SBP foreign exchange reserves increase by $33m

byCT Report
25/07/2026

KARACHI: Pakistan’s foreign exchange reserves recorded a modest increase during the week ended July 17, 2026, according to the latest...

New Finance Act rule forces businesses to get FBR-verified invoice numbers

byCT Report
25/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) will require taxpayers to issue a verifiable and unique invoice number for every...

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.