THE GLOBAL WINDOW OF TURKISH FOOD AND AGRICULTURE The Global Window of Turkish Food and Agriculture Sector
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Press release…
As it is known, the Aegean Cereals Pulses Oil Seeds and Products Exporters’ Association’s working area includes milling products (wheat flour, etc.), pastry products (biscuits, wafers, cakes, pasta, etc.), oil seeds (poppy, sunflower, soy), vegetable oils (sunflower oil, corn germ, margarine, etc.), cocoa products (chocolate, cocoa foods, etc.).
In addition, sugar products (all kinds of confectionery, halva, Turkish delight, chewing gum, etc.) and spices (cumin, anise, fennel, coriander, etc.) are also included in our field of business.
The sectors I have talked about mean to meet our domestic consumption across Turkey. In this context, although we have some imports as vegetable oils and wheat, almost all of them are the sectors that produce based on domestic inputs and bring net foreign currency to our country.
Despite the pandemic in 2020, we gained a good momentum in exports and closed the year as 505 million dollars with an increase of 14 percent.
However, in order for this increase in exports to be sustainable and for our members to make long-term plans for the future, it is important that the exchange rates should be stable and that there are no big and unexpected sudden changes.
What I want to express here is that the exchange rate should remain at a competitive level rather than a constantly increasing or decreasing trend. It is our Central Bank’s work on this subject. Otherwise, there are great difficulties in markets that have been acquired with great effort so far and there is a risk of losing.
Mustafa Terci,
Chairman of the Aegean Cereals Pulses Oil Seeds and Products Exporters’ Association
