Problems in the transfer of funds from Russian buyers since January mean that Turkish exporters cannot close their export accounts. Companies are forced to look for workarounds to receive payments, including third countries and cargo transportation. Turkish publications write about this my economy.
The publication also notes that new orders to China and other countries are experiencing difficulties due to the impossibility of closing export accounts.
Turkish exporters demand that an exception be made for revenues from Russia so that all export revenues are not subject to mandatory return to Turkey within 180 days.
According to the data, 33 countries are currently included in the exception list. Among them are Afghanistan, Belarus, Iran, Cuba and others. While four more African countries were added to the list in February, Egypt and Saudi Arabia were not included in the list.
According to the data of the Turkish Exporters Assembly, exports to Russia in January decreased by 30.4 percent compared to last year, reaching 551.1 million dollars. When special economic zones are also taken into account, the decrease was 39 percent to 631 million dollars. .
Last week Italian and Russian Chambers of Commerce started We test the payment in rubles.
Formerly Bank of China statedContinues to accept payments from Russia.
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Source: Gazeta
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