Tariff quota for oil sunflower imports in Turkiye

Published 2024년 8월 6일

Tridge summary

The Ministry is taking measures to ensure producer and consumer welfare, supply security of basic food products, and meet the country's needs by promoting domestic production of oil sunflower seeds and sunflower oil. This includes implementing trade policies and encouraging farmers to increase production. A tariff quota has been opened for imports of oil sunflower seeds and crude sunflower oil, with duties ranging from 8% to 20%, to be allocated to companies purchasing domestic sunflower seeds between July 1 and November 30. This is to prevent damage to domestic producers and increase planting motivation for the 2025-2026 season.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the written statement made by the Ministry, it was noted that producer and consumer welfare were evaluated together in order to prevent speculative prices by directing the markets correctly, to ensure supply security in basic food products and to meet the country's needs through the promotion of domestic production. In this context, it was emphasized that the necessary measures were taken in a timely manner by using all tools of trade policies in coordination with the relevant institutions and organizations, especially the Ministry of Agriculture and Forestry, and said: "In this context, our farmers should be encouraged and taken care of in order to ensure the supply and demand balance in oil sunflower seeds and sunflower oil, whose production is negatively affected all over the world due to the negative climatic conditions that cause the yield and productivity to decrease in our country, as well as regional and global developments, and at the same time to increase the ...
Source: Dha

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