Minister of Commerce Omer Bolat stated that they will establish the Turkiye e-Export Platform in 2024 and implement an artificial intelligence-supported information platform where exporters can learn the steps in this field.
Bolat told the AA correspondent that the Ministry of Commerce will continue its work with the “Turkiye Century” vision in the new year. Reminding that the steps to be taken with the approval of President Recep Tayyip Erdogan were laid out in the 12th Development Plan and Medium Term Program (MTP), Bolat stated that in the new period of action and stability, they focused on policies that will increase the domestic added value in production and exports.
Bolat stated that they have implemented policies that will reduce dependence on imports and ensure high added value and sustainable export growth.
Emphasizing that they prioritize export increase with various practices such as “Remote Countries Strategy”, “Export Development Strategy with Islamic Countries” and “Further Trade Strategy with African Countries”, Bolat said:
“We are establishing the Turkiye e-Export Platform and implementing an artificial intelligence-supported information platform where our exporters can learn the steps in order to increase e-export. In order to strengthen Turkiye’s international competitive position, we evaluate the opportunities brought by the ‘twin transformation’, green and digital transformation, in line with the developments in the world. We carry out awareness-raising and informative activities for the future of the sectors within the scope of the Green Deal. We are preparing a guide document on financing opportunities for green transformation. We are planning to provide training to our companies within the scope of the Border Carbon Regulation Mechanism (SKDM).”
Digitalization will continue to increase
Bolat stated that they are continuing their work on updating the Customs Union Agreement and that they will popularize control technologies without physical intervention at customs gates and will also implement the digitalization project of airline transactions.
Emphasizing that all company establishment processes, including payments to the chambers of commerce and industry, will be transferred to the electronic environment, Bolat informed that the electronic ledger application will be put into operation.
Bolat stated that they have also developed a reporting institution for competition violations through legislation studies to protect competition.
Pointing out that they will implement the Product Safety Project in e-Commerce to activate market surveillance and control in e-Commerce, Bolat said, “We are preparing the Market Surveillance and Control Action Plan. We also facilitate access to finance for the tradesmen, craftsmen and cooperatives we serve. We will put all these processes into operation in 2024.”
“We aim to increase the share of e-Export to 10%”
Pointing out that within the scope of MTP, goods exports are aimed to be $267 billion in the new year, Bolat said that they aim to reach $302.2 billion at the end of the program period.
Bolat stated that they aim to gradually reduce the current account deficit, which is expected to be $34.7 billion, to $30 billion and said:
“Thus, we will reduce the share of the current account deficit in gross domestic product to 3.1% in 2024 and to 2.3% in 2026. In 2028, we aim to increase our exports to $375.4 billion, our service exports to $200 billion, our country’s share in global goods exports to 1.3%, and the share of e-export in our general exports to 10%. We plan for our country to be among the top 10 economies in the world and among the top 5 economies in the world according to purchasing power parity. We also aim to increase our share of the global economy above 2%.”
Bolat added that with the strong will demonstrated by President Erdogan, they will take Turkiye, the “production and export base of its region”, to the top of the most powerful actors in global exports.
Source: AA / Prepared by Irem Yildiz