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March 11 th English

11 March 2019 Monday

WEEKLY
Monday,
March 11th 2019
IMPORTANT ANNOUNCEMENT
Dear Companies;
The list of effected products in the wake of Turkey's removal from the Generalized Preferences System (GPS) is attached below.
An “A” in the GSP Status column designates articles that are GSP-eligible from any beneficiary developing country (BDC). “A*” indicates that the product is not eligible for certain GSP beneficiaries specified in General Note 4 to the Harmonized Tariff Schedule of the United States.
In this case, Turkey's exports to the US, if removed from the GSP program, will be taxed according to the rates specified in the document.
Event and Activities
Young TABA-AmCham Vice Chairman Murat Keçeciler was a guest on Teke Tek with Fatih Altaylı this week. The increasing diplomatic traffic between Ankara and Washington DC and the resulting political and economic effects framed the conversation.
Is Kushner's visit to Ankara and the USA's decision to reinstate the Ankara Ambassador a sign of a new era in US-Turkey relations?
Turkey's two year old application for a Patriot missile defense system has finally be answered in the affirmative. What prompted the United States' decision. Will the S-400 purchase agreement with Russia be affected?
Will the United States withdraw from Syria? If it does, how will regional stability be affected? How will Turkey's interests in the region's security come into play?
Answers to these questions and more by clicking on the link in the photo above.
News
Turks fire back as Trump ends preferential trade status

ANKARA, Turkey - The Turkish government today criticized the US decision to remove Turkey from its list of nations that enjoy tariff-free access to the US market, saying the move would hurt producers in both countries. Turkish commentators...

Read more
www.al-monitor.com
Turkey receives 'Best Overseas Destination' prize -...

Turkey was awarded the "Best Overseas Destination" prize at the 6th Road Trip Festival 2019 in China, according to a statement made by Ministry of Culture and Tourism.

Read more
www.hurriyetdailynews.com
Demirören Holding grows as Turkey grows

Demiören Holding has been growing in parallel with Turkey's growth, the holding's chairman Yıldırım Demirören has said. "Demirören Holding has added value to the country's economy in its history of more than 60 years..”

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www.hurriyetdailynews.com
Turkish gov't vows to support women entrepreneurs -...

ANTALYA Women spend 90 percent of their income on their families, economy and education, hence the increase in the number of women entrepreneurs contributing to the social development of the country, according to Turkey's Trade Minister Ruhsar...

Read more
www.hurriyetdailynews.com
Important Dates
Saint Patrick’s Day: Sunday, March 17
Tax Day: Monday, April 15
Good Friday: Friday, April 19
Easter: Sunday, April 21
Cinco de Mayo: Sunday, May 5
Mother’s Day: Sunday, May 12
Memorial Day: Monday, May 27
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