Minister Bolat: The e-import limit for tradesmen and SMEs has been set at 30 dollars.

Turkey's Minister of Treasury and Finance Bolat announced an important step to protect tradesmen and small businesses during his presentation at the Parliamentary Planning and Budget Commission. With the new regulation, the e-import limit has been lowered to 30 dollars, aiming to strengthen the position of SMEs and tradesmen in global trade.

Minister Bolat drew attention to the challenges in global trade, stating that weak foreign demand, geopolitical tensions, and the uncertainties created by tariff wars have adversely affected trade. However, he emphasized that despite these challenges, Turkey's share of global merchandise exports increased from 0.55% in 2002 to 1.02% in 2022, and is expected to reach 1.07% in 2024, which is a significant achievement.

Evaluating the countries experiencing a decrease in trade share globally, Bolat noted that the shares of major economic powers such as the European Union and G20 countries in trade have also declined. In this context, the decrease in the global trade shares of important economies such as Germany, Belgium, Australia, the Netherlands, France, Japan, and the United Kingdom indicates an increasing potential for Turkey's opportunities.

With the new regulation, the aim is to simplify the e-import process and ensure lower costs, which will enhance the competitiveness of tradesmen and SMEs. Additionally, it is expected that these policies will help Turkey's foreign trade volume grow more effectively.

In conclusion, Minister Bolat's statements clearly outline the steps and goals Turkey is taking to ensure economic stability. In light of all these developments, efforts to strengthen Turkey's position in global trade and protect local tradesmen come to the forefront.