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Non-imposition by the Government of Turkey of definitive safeguard measures on steel imports
Joint note from the Ministry of Foreign Affairs and Ministry of Economy
The Brazilian Government noted with satisfaction the decision of the Government of Turkey to close the safeguard investigation on steel products without the imposition of definitive measures.
Through coordinated action between the Ministry of Foreign Affairs and the Ministry of Economy, the Brazilian government has followed all stages of the research conducted by Turkey, always seeking to demonstrate that there are no justifications for the application of safeguards measures in the light of the agreements of the World Organization of Commerce.
This is an important result for the economic-trade relationship between Brazil and Turkey, since the decision involves a sector of great relevance for both countries. In 2016 and 2017, for example, Brazilian exports of steel products to that country reached an average of 400,000 tons / year.
