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Finance

Pasta industry takes on tariffs!

Aykut Göymen, Chairperson of Turkish Pasta Industrialists’ Association (TMSD), stated that the Turkish pasta sector aims to maintain the success of 1.5 million tonnes of exports and 1 billion dollars of exports in 2025. AFRICA MARKET IS OF CRITICAL IMPORTANCE FOR TURKISH PASTA… Göymen also stated that African countries are …

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Russia plans to export 57 million tonnes of grain in agricultural season…

Moscow exports 37 million tonnes of grain in 1st half of current agricultural season, beginning in June… MOSCOW… Russia plans to export a total of 57 million tonnes of grain in the current agricultural season, from July 2024 to June 2025, said Oksana Lut, the minister of agriculture. Oksana Lut …

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Brazilian agribusiness exports fall 1.3 percent and reach 164.4 billion dollars in 2024…

Brazilian exports of agribusiness products generated US$164.37 billion last year, US$2.18 billion, or 1.3%, less than in 2023, reported the Ministry of Agriculture. Despite the drop, it is the second highest value in the historical series, according to the ministry, ″even in the face of the decline in the prices …

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Mehmet Ali Işık: Average export price of our dried figs exceeded 6 thousand dollars

Press release… Our dried figs are worth gold…Average export price of dried figs exceeded 6 thousand dollars! Described as the fruit of paradise, dried figs, one of Türkiye’s prestige products in exports, surged by 37 percent on a dollar basis in the 2024/25 season and the average export price of …

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Farmers grow fewer varieties due to high costs, climate change!

Increasing costs and climate-induced damages are pushing farmers toward crop varieties that require less labour and money. Noting that input costs have become quite high, especially in large fields, growers are also looking for methods to reduce costs to mitigate the impacts of climate change. Mehmet Akın Doğan The output of some products …

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EBRD approves new food and agribusiness strategy…

Bank’s new Food and Agribusiness Strategy 2025 acknowledges the complexity of food systems Strategy emphasises the sustainable transformation of the agrifood sector Renewed emphasis on private-sector engagement and more prominence for partnerships within global food systems January, 2025 The European Bank for Reconstruction and Development (EBRD) has approved its new Food and Agribusiness Strategy 2025. The …

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Ali Kavak: We aim to export more fruit, vegetable and products to Poland

Press release… Türkiye – Poland Fresh Fruit and Vegetable Summit was held on 23 January 2025 in Warsaw, the capital of Poland, within the scope of the Turkish Fresh Fruit and Vegetable Sector Promotion Campaign carried out by the Turkish Fresh Fruit and Vegetable Exporters’ Associations Sector Board within the …

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EBRD unveils Türkiye investment strategy for the next five years…

The EBRD announces Türkiye strategy for 2024-29 Green transition remains key priority in the country Human capital, competitiveness and sustainable infrastructure also defined as priorities The European Bank for Reconstruction and Development (EBRD) has unveiled its investment strategy for Türkiye for the next five years, until the end of 2029. The Bank …

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Ferhat Gürüz: Our export target for 2028 is 6.2 billion dollars

Press release… Ferhat Gürüz, Chairman of the Board of Directors of the Mediterranean Fresh Fruit and Vegetable Exporters Association, announced that Turkey’s fresh fruit and vegetable exports in 2024 reached 3.4 billion dollars. Reminding that according to the Medium Term Programme, Türkiye has set 375 targets in total goods exports …

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Serdar Genç: Türkiye is the country that best implements the licensed warehousing system in the world

Organised for the second time this year by the Licensed Warehouse Companies Association (LİDAŞDER), ‘Licensed Warehousing in Türkiye and the World, Grain Markets Congress’ was held in Antalya between 16-19 January. In his opening speech, Serdar Genç, Chairman of the Licensed Warehouse Companies Association (LİDAŞDER), said, “Proudly stating that the …

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