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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
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