BULGARIA CORKS
May 1st, 2002
Keith NuthallTHE BULGARIAN government is to stem a boom in imports of white tinplate crown corks; Sofia is imposing temporary safeguard duties to protect Bulgaria's production of this key drinks packaging product, used to seal glass bottles. It told the World Trade Organisation that imports in 1999 increased by 673 per cent compared to 1998, and by 874 per cent in 2000, which "contributed significantly to domestic products' price decline and to reduced profitability." Indeed, Bulgaria claims that its producers have been selling below production cost to maintain a ...
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