Turkey reduced customs duty to zero on canola oil, safflower oil, corn oil, soybean and palm oil

Published 2022년 3월 4일

Tridge summary

In response to potential sunflower oil supply issues due to the Russia-Ukraine conflict, a new measure has been implemented to allow the import of various alternative oils with zero customs duty. These alternatives include canola, safflower, corn, soybean, and palm oil. Additionally, the Ministry of Agriculture and Forestry has been granted the authority to regulate the export of a range of agricultural and food products, such as red and white meat, eggs, potatoes, tomatoes, onions, and many other commodities. This move aims to mitigate the impact of the conflict on the availability of essential food products in the market.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A new decision was taken against the problems that may occur in the supply of sunflower oil due to the Russia-Ukraine war. Customs duty has been zeroed on imports of canola, safflower, corn, soybean and palm oil, which can be used as a substitute for sunflower oil. The decision-making authority for the export of some agricultural and food products was also given to the Ministry of Agriculture and Forestry. The Ministry of Agriculture and Forestry will be authorized to ...

Source: Gidatarim