Trade Ministry
Ministry introduces 'Influencer Certification Program' for customer protection
The Trade Ministry is introducing the "Influencer Certification Program" to protect consumers and regulate social media influence, making it a mandatory requirement for individuals to participate in the program in order to qualify as influencers and provide advertisers with government-backed assurance.
40 pct of consumers influenced by online ads: Report
A recent report by the Trade Ministry reveals that 40 percent of the surveyed internet users are influenced by online advertisements while purchasing goods or services in Türkiye.
Smuggled goods worth billions seized at borders
The data for 2023 on the fight against smuggling at border gates and ports have been announced. The total value of smuggled tobacco, cigarettes, tobacco products and alcoholic beverages seized last year amounted to 1.2 billion Turkish Liras resulting in a tax loss of approximately 800 million liras.
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Dozens of imported Chinese cars stuck at customs
Some 600 cars imported from China are stuck at Turkish customs as new regulations regarding electric vehicles came into force at the end of last year.
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Foreign trade in local currency hit 822 billion liras
Türkiye's foreign trade in Turkish Lira reached 821.6 billion liras ($27.5 billion) in 2023, rising from 398 billion liras in 2022, the data from the Trade Ministry have shown.
The country's exports climbed to a record $255.8 billion last year, marking a 0.6 percent increase from 2022.
New price display regulation for eateries in full effect
A pivotal regulation, effective since Jan. 1, 2024, now mandates the visible display of price lists at the entrances and tables of restaurants, cafes, and bakeries. The Trade Ministry's regulation, prompted by a surge in complaints about undisclosed charges on bills, aims to ensure consumer protection and foster transparent pricing.
New regulation mandates visible price lists in restaurants, cafes
The Trade Ministry has introduced a new regulation requiring restaurants, cafes and patisseries to prominently display price lists both at their entrance doors and on tables starting from the beginning of the new year.
New rules for EV imports irk industry
Representatives from the auto industry have voiced concerns over new regulations on EV imports, stating that cars may sit idle at customs for months before entering the Turkish market.
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Top officials discuss Türkiye, US trade ties
Trade Minister Ömer Bolat spoke with U.S. Secretary of Commerce Gina M. Raimondo to discuss bilateral and commercial ties.
In a phone call on Dec. 9, Raimondo congratulated Bolat on his appointment and affirmed the department's support for increased U.S.-Türkiye commercial engagement, according to the statement from the U.S. Department of Commerce.
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Türkiye’s exports reach $233 bln in 11 months
Türkiye's export revenues amounted to $232.9 billion in the January-November period, rising 0.7 percent from a year ago, the data from the Trade Ministry have shown.
The 12-month rolling exports of the country hit $252.5 billion.
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