Home / Agricultural Economy / Agribusiness / JAK ESKİNAZİ: GOVERNMENT SUPPORTS SHOULD BE INCREASED SO AS TO RISE THE AVERAGE EXPORT PRICE

JAK ESKİNAZİ: GOVERNMENT SUPPORTS SHOULD BE INCREASED SO AS TO RISE THE AVERAGE EXPORT PRICE

Press release…

“We are bringing in 200 billion dollars of foreign currency to the country, we demand the state subsidies to be increased to 2 billion dollars to rise the average export price.”

The exporter wants the state support to be heightened during the pandemic period in order to stop the decline in average export prices, which has melted around 30 percent in recent years, to turn the needle up again and to increase export prices to the targeted level.

Aegean Exporters’ Associations (EİB) Coordinator Chairperson Jak Eskinazi said that the support provided by the government to the professional groups suffering from the pandemic is appropriate and they support them.

Jak Eskinazi said, “Turkey’s average export price has dropped from an average of 1.6 dollars to 1.1 dollars in recent years, due to the reluctant global demand.”

Pointing out that the average export prices melted at the level of 30-35 percent and that they had to export at their cost, Eskinazi explained, “We, as exporters, brought 200 billion dollars in foreign currency for Turkey in 2021 and that the support provided by the state support of 2 billion dollars, 1 percent of this amount, should be increased.”

“In 2021, 4.1 billion TL budget was allocated for the state support provided to exporters by our Ministry of Trade. However, in the first four months of the year, the total amount of these supports decreased by 59% compared to the same period of the previous year and realized as 367 million TL,” Eskinazi added.

“Payments to exporters who have not yet been paid in state aid, processes can be accelerated, at this point, the newly implemented Support Management System (DYS) can be used effectively to accelerate the processes. For many years, we have been demanding that 1 percent of the foreign currency we obtain from exports return to exporters as state support. During the pandemic period, it has become more urgent to fulfill this request,” Eskinazi concluded.

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