YASED Puts Foreign Trade and Customs Issues on the Table


Ahmet Erdem, the Chairman of the International Investors Association (YASED), stated that investors prefer to perform activities in countries that have markets open to competition, which are transparent, have free foreign trade, and possess an attractive business and investment environment.

With the participation of its members, the International Investors Association (YASED) - which works to improve the business and investment environment in Turkey and increase the country’s economic global competitiveness in a sustainable manner - came together with Bülent Tüfenkci, the Minister of Customs and Commerce, and his team on April 18 in Istanbul to discuss matters related to foreign trade and customs.

During the workshop, structural and sectoral solutions in foreign trade and customs to increase the export potential of Turkey were evaluated. Suggestions that would contribute to the sustainability of exportation were also discussed by the attendees; particularly, concrete action proposals concerning regulations and implementation.

Ahmet Erdem, the Chairman of YASED, stated that updating the foreign trade and customs regime in accordance with global developments would support the foreign trade volume of the country. Erdem also emphasized that the investors prefer to perform activities in countries that have markets open to competition, which are transparent, have free foreign trade, and possess an attractive business and investment environment.

Erdem continued his speech as follows: “Turkey achieved the fastest annual growth since 2013 with the 7,4 percent growth rate it has accomplished in 2017. An important leg of this growth was exportation. Our exportation exceeded the 10 percent level compared to the previous year and reached 160 million USD. The global developments expected in 2018 are supporting our exportation. Our country positioning itself as a regional centre in value-added areas that will support exportation by international direct investors will create a multiplier effect on economic growth. By protecting its intent to continue making structural reforms that will increase the international competitive power of its economy, Turkey provides reassurance for the international investors.”

Minister Tüfenkci: “2018 will be a record year in exportation”

Bülent Tüfenkci, the Minister of Customers and Commerce, who spoke at the workshop, stated that solving the problems of the international investors concerning customs and foreign trade and ensuring continuity in exportation are among the most important tasks of the Ministry.

Minister Tüfenkci, who stated that they are continuing to work for the economic growth of Turkey at full speed, continued his speech as follows: “We implemented important projects to encourage local and international investors to invest in Turkey and to improve the investment environment. We provided important incentives. Investors are investing in Turkey with trust in the dynamism of our country. As a result of the business environment we provide to the investors, 2018 will be a year of leaps and records in exportation. We will be increasing the contribution of exportation to growth. Within this framework, we need to ensure competitive advantage by increasing efficiency in production and provide product and market diversity in exportation. We will be taking concrete steps to particularly turn young entrepreneurs, small businesses, and our tradesmen into exporters and to have new exporters turn up. The goal of our Ministry is to keep the pace with the technology and to open the way for legal and secure commerce. For this reason, we are giving importance to electronification. With the new “BİLGE” system that is in the design phase and is about to be finalized, it will be possible to perform transactions in our customs without using any paper at all. Our purpose in making these changes is to turn our country into one of the most prominent commercial hubs where customs services and commerce are performed with more ease and greater security. Our vision is to incrementally decrease the physical controls in importation and exportation and to facilitate the transactions in trade processes.”

With contributions of Vodafone