Tur­key eyes global hub role in bike pro­duc­tion

Dünya Executive - - OVERVIEW -

The EU’s an­tidump­ing measures against Chi­nese goods are an op­por­tu­nity for the Turk­ish bi­cy­cle sec­tor, ac­cord­ing to the head of Tur­key’s Bi­cy­cle In­dus­try As­so­ci­a­tion. The EU last month re­newed an­tidump­ing du­ties and ex­panded them to such coun­tries as Tu­nisia, the Philip­pines, Sri Lanka, Pak­istan, In­done­sia and Malaysia, said Esat Emanet dur­ing the Euro­bike expo in the south­ern Ger­man city of Friedrichs­hafen. “Par­tic­u­larly the in­clu­sion of Tu­nisia in the measures is im­por­tant for our sec­tor. Chi­nese firms used to sell bi­cy­cles to Italy and Europe through Tu­nisia, by­pass­ing du­ties,” he added. Af­ter the EU ex­panded its du­ties, Tur­key and east­ern Euro­pean coun­tries have a chance to strengthen their po­si­tion in the bi­cy­cle sec­tor, Emanet added. “We aim to make Tur­key a sig­nif­i­cant pro­duc­tion base for them. We will at­tract for­eign in­vestors to Tur­key and make nec­es­sary in­vest­ments to take ad­van­tage of this op­por­tu­nity,” he noted.

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