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What is the Export Promotion System in Turkey?

April 26, 2017export promotion system Turkey

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What is the Export Promotion System in Turkey?

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Due to WTO regulations and Customs Union with the EU, Turkey now applies measures indirectly assist exporters such as; export finance and insurance, promotion and marketing assistance. Overall, Turkey has reshaped her incentives provided to exporters, eliminated subsidies in order to harmonize her foreign trade policies with her international obligations and increase transparency of export subsidy programmes. During the creation of new export promotion system, Undersecretariat for Foreign Trade has set rules in favor of SMEs.