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2024 REVIEWS
the criteria were met, visa liberaliza- 2024 budget, export supports will that they aim to take the positive trade groups. We have safeguard measures
tion would be granted. They did not be increased by more than 100 per- indicators even further in the coming in 9 product groups and surveillance
comply with this either. Turkey bore cent. This means that we will make period. practices in 148 product groups. We
the burden of migration from Syria an export support of over 20 billion also protect against the import of un-
and other African countries, and they liras available to you to increase our Minister Bolat reminded that the Me- safe products at customs with the sup-
broke their promises there too. We exports.” dium Term Program )MTP(, which port of artificial intelligence with the
started the green passport application sets out the 3-year road map for the TAREX system.”
for exporters. 36 thousand exporters Stating that the Covid-19 pandemic economy, was announced and said:
have green passports. But we follow process caused negative effects on the Stating that they will always continue
our rights, we have never given up world economy and people’s purcha- “This roadmap includes due diligen- to stand by honest traders, tradesmen
our right to visa exemption, we pur- sing power decreased, Bolat said that ce, targets and reforms for every sec- and craftsmen, Minister Bolat said:
sue it to the end. We are also after the the war between Russia and Ukraine, tor. The first goal of this program is to
migration and visa protocol. We insis- which is very important for Turkey fight inflation and achieve permanent “Unfortunately, since the Covid-19
tently bring this issue to the agenda economically, lasted for more than price stability. For this purpose, there pandemic, we have been seeing mar-
during the détente period with EU of- 1.5 years and caused changes in ener- are targets to ensure financial stability ket distorting or unfair trade practices
ficials. On November 8, we are wai- gy and food markets. in monetary, foreign exchange and in various sectors. This has created an
ting for the enlargement report. At the fiscal policies, prioritizing invest- important negativity in the increase
summit in December, EU leaders will On February 6, Bolat also pointed to ment, employment, production and in inflation. At this point, we, as the
decide what kind of a road map they the impact of the earthquakes centered exports, and aiming to increase wel- ministry, strive to prevent our citizens
will follow with Turkey according to in Kahramanmaraş on the economy fare and social justice for our people.” from being victimized through the
the information in the report.” and said that despite all these adverse unfair market regulation board. Es-
conditions, the Turkish economy was Pointing out that the OVP set an pecially in the automotive sector, we
Stating that it is not possible for trade growing and employment, industrial export target of 255 billion dollars by have corrected and recovered more
not to be affected by the Israeli Hamas production and exports continued to the end of 2023 and 302 billion dol- than 90 percent of the market-distor-
clashes, Bolat said: “It is too early to increase. lars in 2026, Bolat said that they are ting transactions that have been going
make an assessment now, it depen- making maximum efforts to expand on for 2.5 years with the measures we
ds on how long the incident will last. Pointing out that the EU failed to financing opportunities here. have taken decisively. Stocks started
As people, as a country with histori- grow in the first half of this year, to appear and at this point, various
cal, religious and cultural ties, we are Minister Bolat continued as follows: He noted that export support to speculative sales in the second-hand
working with all our strength to stop “About half of our exports go to the exporters through Eximbank will be market came to an end. Today, with
the bloodshed as soon as possible. Our EU. Despite the contraction in de- increased by more than 100 percent the figures of March, it is possible to
President is spending his time on this mand, we achieved the highest figures in the 2024 budget. Bolat said, “This sell vehicles in the second-hand mar-
issue. The protection of Gaza under of the last 100 years in our exports in means that, hopefully, we will make ket. A drop of more than 10 percent in
international protection is very impor- July and August. In the January-Au- an export support of over 20 billion vehicle sales was achieved in the mar-
tant to protect the civilian population. gust period, we reached 165 billion liras available to you to increase our ket. With the last amendment to the
As always, the Western world failed in dollars in exports. This figure is more exports. Our slogan this semester is, regulation, we announced that fake
this incident. They could not follow a or less the same as last year. Here you ‘The only way is to export, to increase advertisements on advertisement sites
policy in accordance with humanity can say ‘there is no increase’, but let’s our foreign exchange revenues.’” for speculative price inflation will be
and international law, and they are ta- see that there is a decline of up to 2 prevented with sanctions. At this po-
king sides again. Our side is clear as a percent in exports in the world. In the Bolat said that they will create favo- int, a very serious regression has been
country and as a nation, we stand by business world, you see the fall in rable conditions for producers and achieved. On the other hand, we also
the Palestinian cause. We will conti- commodity prices, you feel the cont- industrialists in imports and prevent carry out intensive inspections in the
nue our policy to include Gaza and the raction in world exports. Despite this, Turkey from becoming an import pa- food and grocery sector.”
West Bank with East Jerusalem as its we maintained the same level.” radise, and that they are implementing
capital. We are trying to unite all Isla- the same procedures as the World Tra- Bolat stated that they have brought
mic countries on this issue and to ensu- Stating that Turkey is an open eco- de Organization rules stipulate and as the share of high and medium-high
re the participation of other countries.” nomy that can conduct foreign trade other countries do. technology products in total exports
equal to two-thirds of its national to 36 percent, and that they aim to inc-
2024 budget to increase export sub- income and that it is successful not Minister Bolat said, “We currently rease this share to 50 percent by 2028,
sidies by more than 100 percent only in the export of goods but also have measures against dumping and and to increase the share of SMEs in
Minister Ömer Bolat said, “In the in the export of services, Bolat said subsidized imports in 65 product exports from 26 percent to 40 percent.
104 LIFTVISION
4th QUARTER 2023

