Tuesday , March 19 2019
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EU pressures Turkey as accession talks come under threat


The European Parliament last week adopted a resolution recommending the European Commission and Council suspend accession negotiations with Turkey. This does not mean that they will necessarily do so because a qualified majority is required in the European Council and that is not easy to attain. Therefore, this move has to be regarded more as a message to the Turkish ... Read More »

China, Iraq, UAE, Afghanistan, Turkey are main importers of Iranian products.


The Islamic Republic of Iran is an economically developed country in South-West Asia and is the largest economy in the region, coming after China, Japan, India, Turkey, Indonesia and South Korea in Asia in terms of GDP. According to the Iranian Customs Administration, Iran’s trade balance for April 2018-March 2019 is $ 1.5 billion. The export of non-oil products from ... Read More »

CHP leader slams government decision on imported potatoes


Main opposition Republican People’s Party (CHP) leader Kemal Kılıçdaroğlu has slammed the government over a decision to set a customs duty-free import quota for tons of potatoes, warning that local farmers will be hit hard by it. “They import 200,000 tons of potatoes, as though there is no place to plant them and no [farmer] to grow them,” Kılıçdaroğlu said ... Read More »

26 smuggled cockatiels seized on Turkey-Bulgaria border


Customs officials in northwestern Turkey’s Edirne province seized 26 cockatiel birds Thursday at Kapıkule Border Gate along the border with Bulgaria in an anti-smuggling operation. Customs Enforcement and Anti-Smuggling and Intelligence Directorate units found the birds that smugglers had placed in boxes in a vehicle attempting to cross the border. The cockatiels were drugged and restrained in separate pouches. Customs ... Read More »

Need to modernize customs union lingers 24 years on


Turkey and the European Union celebrated the 24th anniversary of the customs union inked between the two parties on March 6, 1995. The customs union entered into force on Jan. 1, 1996 in accordance with the Association Council’s decision on March 6, 1995 following negotiations between Turkey and the EU. Relations between Turkey and the European Economic Community (EEC), which ... Read More »

Trump to end Turkey’s preferential trade treatment status


Donald Trump has hit Turkey where it hurts again, with the US set to end Turkey’s preferential trade treatment under a programme that permitted some exports to arrive on the American market duty free. The US Trade Representative’s Office (USTR) said on March 4 that both Turkey and India will no longer be included in the Generalized System of Preferences ... Read More »

Gov’t working to prevent tax loss from online, informal shopping from abroad


Overseas shopping has begun to cause major losses in the economy. It has been reported that around 60 million commercial products, including 26 million from China, have entered Turkey under the status of letters in 2018. The value of these products has been reported to have reached approximately TL 20 billion. This “individual import system” threatens the retail sector and ... Read More »

Turkey to act on e-commerce orders avoiding tax -finance minister


ISTANBUL, Feb 27 (Reuters) – Turkey will take steps against international digital commerce packages that avoid taxes, Finance Minister Berat Albayrak said on Wednesday, in a move to support local manufacturers. Ankara has taken measures in recent months to reinvigorate slowing economic activity, including in the areas of taxation and incentives to help manufacturers after the lira lost some 30 ... Read More »

Turkey: The big business of academic ghostwriting


Turkish universities are facing a new, not very academic challenge: ghostwriting. From bachelor’s and master’s theses to doctor’s dissertations — almost any form of written academic paper can now be ordered, for a price, from specialized companies. Particularly at private universities, there is a veritable boom in such ghostwriting. Turkey has 63 private universities, most of them established within the ... Read More »

Bulgaria seizes 35 kg of drugs at border with Turkey


SOFIA: Bulgarian customs have seized 35 kg of ecstasy at the country’s Kapitan Andreevo checkpoint near the border with Turkey, the Prosecutor’s Office said in a statement on Monday. The illicit drug, split into 18 packets, was discovered on Thursday in a Turkish bus traveling from Romania to Turkey via Bulgaria, the statement said. The packages were hidden in the ... Read More »

UK FAILS to roll over Japan and Turkey trade deals for ‘no deal’ Brexit


Negotiators had hoped to continue with the deals, which also includes a customs union agreement with Turkey. However, according to the Daily Telegraph, the UK has run out of time and officials claim several crucial deals would not be finalised by March 29. The negotiators believed in keeping the deals in order to minimise disruption for importers and exporters. In ... Read More »

Modernized customs gate to boost Turkey’s trade with Iran


The Kapıköy Customs Gate, which began its modernization process two years ago in the Saray district of Van province, is now in service. The customs gate is expected to further contribute to trade with Iran in Van, which has the longest border with that country, and contribute to regional tourism. As one of the most modern land border gates in ... Read More »

EU-Turkey trade compact could benefit Syrian refugees


The UN’s Global Compact on Refugees, adopted late last year, floats the possibility of trade arrangements that incentivize local businesses to hire refugee labor. A trade deal between the EU and Turkey that grants access to European markets for agricultural goods produced in Turkey with a threshold level of Syrian labor could prove beneficial for both parties — and for ... Read More »

Turkish customs confiscate 25 kg of heroin


A total of 25 kilograms (55 pounds) of heroin was seized at the Turkish-Iranian border by Turkish customs, according to an official statement. A truck coming from Iran to Turkey suspected of drug trafficking was searched at the Gurbulak Customs Gate, the Turkish Trade Ministry said on Sunday. During the search, the heroin, hidden under the bed in the driver’s ... Read More »

Turkish officials seize 7 tons of cannabis, half million packs of smuggled cigarettes


Turkish police and customs units have seized large hauls of marijuana and smuggled cigarettes and detained dozens in separate operations on Tuesday in their relentless anti-narcotics and anti-smuggling fight. The police in Istanbul seized two tons of marijuana during an anti-narcotics operation Tuesday, Interior Minister Süleyman Soylu said. Soylu said later on Tuesday that five tons of cannabis was also ... Read More »

Turkish police detain 4 for smuggling artifacts


Police have detained four people in southwestern Denizli province during an operation against smugglers of historical artifacts, according to a police source on Tuesday. Police officers followed a car closely after police units from the Department of Anti-Smuggling and Organized Crime received a tip-off on historical artifacts from Syria, said the source, who spoke on the condition of anonymity due ... Read More »

Spanish Senators Demand Investigation of Turkish Imports


Two Spanish senators have formally asked the Government and the European Commission if either entity is aware of any stolen Syrian olive oil currently being imported and sold in Spain. Earlier this month, numerous reports that Turkey was illegally smuggling Syrian olive oil over its border to be packaged and sold as Turkish olive oil were made public. Bekir Pakdemirli, ... Read More »

Venezuelan gold trade strains ties between Turkey

(FILES) In this file photo taken on January 25, 2019 Venezuelan President Nicolas Maduro offers a press conference in Caracas. Venezuelan President Nicolas Maduro pledged on January 28 to retaliate against the United States for its new sanctions on state oil company PDVSA. / AFP / Yuri CORTEZ

ANKARA: Washington will monitor trade between its NATO ally Turkey and Venezuela in case gold sanctions on Caracas are violated. Reuters quoted a senior US official on Thursday, who called the issue a “hot potato” which was raised during a meeting of the US Treasury’s assistant secretary for terrorist financing, Marshall Billingslea, and Turkish officials in Ankara on Friday. The ... Read More »

Turkey’s Expansionist Policy Exposed


The activities of the Turkish National Intelligence office (NIO) and the powerful Turkish Military Intelligence (MIT) have been exposed since the beginning of the so-called “Arab spring” in Syria, Egypt, and Lebanon. The cover of their agents was disclosed or their shipments of weapons destined to opposition groups in the various Arab countries were caught on suspicious ships flying dubious ... Read More »

Over 235 kg marijuana seized in northwestern Turkey


Over 235 kilograms (518 pounds) of marijuana was seized during anti-drug operations in northwestern Turkey’s Edirne province, according to a security source on Friday. Police confiscated the marijuana in a truck at the Kapikule customs gate at Turkish-Bulgarian border, said the source, who asked not to be named due to restrictions on speaking to the media. Six suspects were remanded ... Read More »