Difficult to go abroad, especially in the status of SME exporters excitedly await good news. The export limit for the privilege to have green passport granted to the representatives of the exporting companies was reduced from $ 1 million to $ 500 thousand. According to the official verification by the Turkey's President Recep Tayyip Erdoğan that is released in the Official Gazette, within the account of last three calendar years the representatives of companies conducting as of average annual export of goods excessing 500 thousand dollars will be granted to have a green passport.
Validity Period Extended to 4 Years
The validity of the passport has been extended to 4 years. With this decision, the average annual exports of 500 thousand to 10 million dollars between the companies will get one, between 10 million dollars to 25 million dollars will get two, between 25 million dollars to 50 million dollars will get three, 50 million dollars to 100 million dollars will get four and five for the companies releasing $ 100 million dollars. Trade Minister Ruhsar Pekcan, so far, has already been announced 11 thousand 952 green exports issued for the exporters.
Opportunity for 10 Thousand Exporters
Reducing the export limit from $ 1 million to $ 500 thousand created satisfaction in the business world. The regulation, especially the exporters who have difficulty in going abroad will provide more effective SME status, emphasizing that the exporter will be instrumental in bringing new products to new markets by adding power. Turkey Exporters Assembly (TIM) Chairman İsmail Gülle welcomed the decision with pleasure and said, "By reducing the limit to 500 thousand dollars, the number of exporters given a distinction to have a green passport has increased from 11 thousand 952 to 22 thousand 325’’
