Export of olive oil was banned after 20 years!

The General Directorate of Exports of the Ministry of Commerce, at the request of the Ministry of Agriculture and Forestry, banned the bulk export of olive oil after 20 years.

According to Ali Akbar Yildirim’s world news; According to the decision, olive oil cannot be exported in bulk until October 31, 2021. Only boxed, packaged exports are allowed.

Twenty years ago, the Foreign Trade Administration, as it was previously known, banned the export of bulk olive oil until October 31, 2002, by a decision of December 25, 2001, and caused great controversy. At the end of the last 20 years, the mass export of olive oil was banned.

Reason; pandemic uncertainty and rising oil prices

General Director of Food and Control of the Ministry of Agriculture and Forestry Aaron SeckinHe noted that there was a significant increase in oil trade in the world, especially the price of sunflower oil is close to the price of olive oil, adding that the uncertainty created by the coronavirus pandemic had a significant impact on such a decision. .

Sechkin, who spoke to the world, said that Russia, Ukraine and many other countries have taken measures to complicate the export of sunflower, crude oil and some other products, and the following assessment was made:

“Everyone is complaining about the uncertainty right now. We can’t see what will happen tomorrow. We don’t know what will happen tomorrow. Some countries, especially in terms of oil, are getting more than they need. In this context, we thought a restriction on our bulk oil exports would be appropriate. There is no problem in exporting. It is exported in 5 kg and 20 kg packages again. But it is not right to export. We have bulk oil in this uncertain environment. Many countries impose additional taxes on the products they produce and are strong. There are also those who are in stock. “

“It will be in favor of the consumer”

Saying that with this application, they have prepared the ground for branded and packaged products with higher added value, he said:

“The decision is entirely about the world situation and uncertainty. Especially pandemic conditions force action. It is also a decision in favor of the consumer. It is an application that protects the consumer in terms of both price and product availability.”

Exporters are reactive; “Producers are punished for not increasing inflation”

The ban on the bulk export of olive oil caused a strong reaction from exporters. The Board of Directors of the Aegean Olive and Olive Oil Exporters Association is expected to react to the decision and demand the lifting of the ban at a press conference on Monday, March 22. Exporters claim that the export ban in the middle of the season will seriously damage both producers and the country’s exports, and will lose customers and markets that they have gained over the years.

Exporters, who said prices had risen slightly this year due to low production, said in a statement from Ankara that “olive oil prices will increase food inflation” and a ban was imposed due to the impact of olives. oil is around 0.4 percent in food inflation. The exporters claim that this decision was made under the pressure of chain markets. It is emphasized that the chain markets have been lobbying for the cheap sale of olive oil in the domestic market for some time, and non-exportable oils will go to the markets.

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