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Finance

Government unveils new action plan for southeastern region…

The government has unveiled a new Southeastern Anatolia Project (GAP) Action Plan covering the period of 2024-2028 to support the region’s economic development through large scale investments. “The new GAP action plan aims to complete irrigation investments, expand productive and smart agricultural practices, achieve tourism-oriented growth and, most importantly, create an attractive investment environment …

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Fevzi Çondur: All stakeholders should act collectively for our agricultural problems in Aydın

Agricultural Production Evaluation from Aydın Commodity Exchange: 2024 Year Reviewed Aegean’s province of Aydın’s Commodity Exchange Chairman Fevzi Çondur evaluated the agricultural production process in 2024 and made statements about the problems and solutions in the sector. Çondur stated that the agricultural drought and high temperatures experienced this year, especially …

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“Meat imports will no longer be a topic of discussion in Türkiye!”

Agriculture and Forestry Minister Ibrahim Yumaklı on Friday outlined a plan to eliminate Türkiye’s reliance on meat imports, emphasizing the country’s commitment to ensure self-sufficiency in livestock production. In a briefing with media representatives, Yumaklı expressed confidence that by the end of a three-year planning period, Türkiye would no longer …

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Saffet Kalyoncu: Honey exports on the rise in Eastern Black Sea region

Saffet Kalyoncu, Chairman of the Board of Directors of the Eastern Black Sea Exporters Association (DKİB), announced that 436 tonnes of honey was exported to 12 countries in the first 11 months of the year. A total income of 1 million 819 thousand 831 USD was obtained from these exports. …

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Ferhat Gürüz: Türkiye’s fresh fruit and vegetable exports surpassed 306 million dollars in November

Press release… Ferhat Gürüz, Chairman of the Board of Directors of the Mediterranean Fresh Fruit and Vegetable Exporters Association, announced that the Turkish fresh fruit and vegetable sector exported 360.6 million dollars in November. Stating that they exported the most tangerines, lemons and oranges in the 11th month of the …

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Cocoa hits record price of nearly 13 thousand dollars per tonne!

Tonne price soars more than 200 percent throughout 2024, reaching 12,931 dollars, mainly due to adverse weather in West Africa… December, 2024… Cocoa hit a record of nearly 13,000 dollars per tonne on the Intercontinental Exchange, as sharp fluctuations continue in other commodities, especially in the agricultural group, following President-elect …

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Record production of trout and Turkish salmon in Kastamonu region…

Türkiye’s Northwestern Black Sea province of Kastamonu is achieving a great success in trout and Turkish salmon production with 14 enterprises operating in dams and land facilities. 210 TONNES OF PRODUCTION IN THE FIRST 9 MONTHS OF THE YEAR…According to the data of Kastamonu Provincial Directorate of Agriculture and Forestry, …

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Mehmet Cirav: Trabzon’s hazelnut exports soared by 87 percent in the first 3 months of the season

Press release… In the January-November period of 2024, hazelnut exports from Türkiye reached 289 thousand 910 tonnes and 2 billion 353 million 534 thousand dollars of foreign currency inflow was obtained in return. When these export realisations were compared with the same period of the previous year, an increase of …

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“Rising global food prices will inevitably affect the Turkish economy!”

Republican People’s Party (CHP) Niğde MP Ömer Fethi Gürer, referring to the evaluations of the Food and Agriculture Organisation of the United Nations (FAO), brought up the possible effects of rising food prices in the world on Türkiye. Gürer said, “There have been serious hikes in food prices worldwide in …

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Record revenue from dried apricot exports!

Türkiye’s Eastern Anatolian province of Malatya exported over 68 thousand tonnes of dried apricots in 11 months and earned 370 million dollars. Ramazan Özcan, Chair of Malatya Commodity Exchange, announced that they aim to export 400 million dollars by the end of 2024. In Malatya, over 68 thousand tonnes of …

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