Turkey eyes global hub role in bike production
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.