Finance

ANKARA… While olive and olive oil output in Europe, especially in Spain, is in crisis due to the drought, Türkiye aims to boost its market share with establishing new production and export strategies. Close to achieving a $1-billion olive oil exports record, Türkiye focused on value-added production and sales, according …

Press release… “If there are rotten eggs among us, let them be weeded out” Stating that the discovery of an antibiotic called carcinogenic nitrofurans in eggs exported from Türkiye to Taiwan, Aegean Fisheries and Animal Products Exporters’ Association Chair Bedri Girit said, “Very serious controls are carried out by the …

Press release… “The 20 cent fund in olive oil exports should be removed as soon as possible” While the Turkish olive oil sector focused on exports in order to convert over 500 thousand tonnes of olive oil into added value in the 2022/2023 season, it was faced with a 20 …

Russia on Monday announced it had halted an unprecedented wartime deal allowing the grain to safely flow from Ukraine to parts of the world where millions are going hungry, a fresh threat to global food security. Moscow will suspend the Black Sea Grain Initiative until its demands to get its …

Press release… Aegean exporters, focusing on their work in the Chinese market with the motto, “If it is not far to buy from China, it is not far to sell to China too”, are ready for the China International Import Expo ((CIIE), world’s largest import exhibition to be held in …

Small-scale farmers in developing countries produce one third of the world’s food. But today they are only one flood, one drought or one failed harvest away from ruin. To stem the impact of climate change on food security and to reduce poverty, IFAD is calling for more investment in rural …

Press release… Ferhat Gürüz, Chairman of the Board of the Mediterranean Fresh Fruit and Vegetable Exporters’ Association, announced that Türkiye’s fresh fruit and vegetable exports reached the level of 1.69 billion dollars with a hike of 17 percent in the first half of 2023 and this performance was supported with …

The landmark initiative safeguarding exports of Ukrainian grain via the Black Sea, crucial in alleviating a global food crisis sparked by the Russian invasion, has been the subject of grueling talks to get Moscow to agree to its renewal. Set to expire late Monday, the deal brokered by the United …

Press release… Veysel Memiş, Chairman of the Board of the Mediterranean Cereals, Pulses, Oilseeds and Products Exporters’ Association (AHBİB), announced that they achieved an export of 143.8 million dollars in May, an increase of 8 percent compared to the same period of the previous year. Noting that the harvest period …

Press release… In the 10-month period (1 September 2022-30 June 2023) of the 2022/2023 hazelnut export season, which started on September 1, 2022; hazelnut exports from Türkiye reached 262 thousand 710 tonnes, and a foreign exchange inflow of 1 billion 581 million 247 thousand US dollars was provided in return. …