Tridge summary
In 2023, Turkey's seed industry marked a significant achievement by becoming a net exporter, with exports worth 326.8 million dollars to over 100 countries, surpassing its seed imports valued at 249.6 million dollars. The Turkish Seed Industrialists and Producers Sub-Association (TSÜAB) emphasized the industry's strong structure and the critical need for adapting seed cultivation to climate change to ensure food safety. Despite a global downturn in fintech investments in 2023, Sinem Cantürk, a leader in Türkiye's Fintech and Digital Finance sector, expressed cautious optimism for a recovery in the fintech market by the first half of 2024. This period of adjustment is seen as a time for increased investor scrutiny towards the viability and profitability of fintech business models. Additionally, Turkey's focus on hybrid seeds, its prohibition on GMOs except in specific cases, and its preparations to host the World Seed Congress in May 2025, underscore its commitment to advancing its agricultural sector and enhancing export opportunities, particularly with Economic Cooperation Organization countries.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Seeds are exported from Turkey to more than 100 countries. In 2023, 326.8 million dollars of exports were made against 249.6 million dollars of imports. World seed producers will gather in Turkey in 2025. MELTEM GÜNEŞ/ANKARA - Seed Industrialists and Producers Sub-Association (TSÜAB) President Yıldıray Gençer emphasized that the Turkish seed industry has a strong structure and said, “We do not just produce our own seeds. We export seeds to over 100 countries. In 2023, we exported 326.8 million dollars against 249.6 million dollars of imports. "We are clearly an exporting country," he said. Yıldıray Gençer explained the effects of climate change on seed growing to the press members he met at the iftar program. Drawing attention to the effects on durability and productivity, Gençer said, “Plant breeding and variety development studies carried out in seed growing, taking into account the changing climatic conditions, are important for food safety. "Resources and supports allocated to ...
Source: Milliyet Agri News
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