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Foreign Trade

EKREM ORAN: ÇEŞME WILL TAKE ITS PLACE IN THE WORLD’S MASTIC PRODUCTION

The third harvest ceremony was held for gum (mastic) trees as part of the ‘Gum Dripping from Çeşme’ project. Stating that they increased the number of gum trees in the region to 2,000 in a short time, İzmir’s Çeşme District Mayor M. Ekrem Oran said, “We have 10 times the …

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UKRAINE BEGINS TO EXPORT ITS GRAIN VIA ROMANIAN BLACK SEA PORT OF CONSTANTA…

After Russia took control of Ukraine’s Black Sea ports to a large extent, its grain ships were stranded in Kyiv and started to send grain to world markets from the neighboring Romanian Black Sea port of Constanta. Due to the blockade imposed by Russia on Ukrainian ports, Ukrainian manufacturers continue …

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ALİ ÇANDIR: ANTALYA PROVINCE PRODUCES 9 PERCENT OF STRAWBERRY IN THE COUNTRY

Antalya Commodity Exchange Chairman Ali Çandır announced that Antalya province has 7 percent of the strawberry production areas and 9 percent of the production amount in Turkiye.Ali Çandır, Chairman of the Board of Antalya Commodity Exchange (ATB) and Antalya Agriculture Council (ATAK), stated that Antalya has 9 percent of Turkiye’s …

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UKRAINE’S WHEAT HARVEST MAY DROP BY A THIRD!

Ukraine’s wheat production is likely to be down by at least a third from last year due to the Russian invasion, a data analysis firm that uses satellite imagery said Friday. Ukraine is a major producer and exporter of wheat, but the invasion has disrupted planting, which is still underway, …

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MEHMET ALİ IŞIK: WE AIM TO REACH 1 BILLION DOLLARS IN ORGANIC SECTOR EXPORTS

Press release… Mehmet Ali Işık, Chairperson of Aegean Dried Fruits and Products Exporters’ Association, said thatexports of the organic sector will reach 1 billion dollars Mehmet Ali Işık said, “We held fairs and workshops in our target markets. ‘Lean Production Techniques’ training was one of our most important sustainability-related activities …

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WAR-DRIVEN SHOCKS TO KEEP COMMODITY PRICES AT HISTORICALLY HIGH LEVELS!

Energy prices expected to rise more than 50% in 2022 before easing in 2023 and 2024, says global body’s latest report… Commodity markets are facing a major shock due the Russia-Ukraine war, which is changing global patterns of trade, production, and consumption in ways that will keep prices at historically …

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TURKISH GOVERNMENT APPROVES THE IMPORT OF GENETICALLY ENGINEERED SOYBEAN AND CORN…

On April 27, 2022, the Turkish Government published new Biosafety Decision approvals for the importof genetically engineered (GE) soybean and corn. The Ministry of Agriculture and Forestry (MinAF)approved two new soybean events and two new corn events for feed and cancelled the approvals of three corn events and one soybean …

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KAMİLOĞLU REELECTED AS THE CHAIR OF ULUDAĞ FRUIT AND VEGETABLE PRODUCTS EXPORTERS’ ASSOCIATION…

Press release… The Ordinary Elective General Assembly of Uludağ Fruit and Vegetable Products Exporters’ Association (UMSMİB) was held; in the election with a single list, Özkan Kamiloğlu was re-elected as the Chairperson. Speaking at the General Assembly, UMSMIB Chairperson Özkan Kamiloğlu evaluated the epidemic process and the sector. Pointing out …

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WHEAT PRICES IN AFRICA UP 60 PCT DUE TO RUSSIA-UKRAINE WAR…

AfDB has developed $1.5B Africa Emergency Food Plan which is pending approval by bank’s top management… James Tasamba… KIGALI, Rwanda… The Russia-Ukraine war has disrupted wheat exports, driving wheat prices up by 60% in Africa, the president of the African Development Bank (AfDB) said Tuesday, warning that the continent will …

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MOODY’S; INFLATION TO REMAIN HIGH IN 2022 WITH RISING FOOD AND FUEL PRICES!

Rating agency anticipates inflation to moderate in second half of 2023… Inflation is expected to remain high in most of the world during 2022, due to rising food and fuel prices and supply chain disruptions, Moody’s said Monday. The global rating agency said in a report that it anticipates inflation …

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