Tridge summary
Turkey is set to increase its wheat import quota from the current 15% to 25%, as announced by Trade Minister Omer Bolat. The change, which is expected to be formalized in an official document, will mean that flour mills will be required to purchase 75% of their wheat from the state-owned company, TMO, while the remaining 25% can be imported under the inward processing regime.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Turkey will increase its wheat import quota to 25%. This was announced by Trade Minister Omer Bolat on December 20, writes ASAP Agri. An official document is expected in the near future. Thus, the quota will increase by 10%. According to this policy, flour mills must purchase 75% of their wheat needs from the state-owned company TMO for flour production, leaving the possibility of importing only 25% under the inward processing ...
Source: Elevatorist
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