Turkey : Govt stresses on quality & high price policy for exports

Turkey is shifting from its low price export policy to high quality and high price plan of action to achieve its future target of US $500 billion for 2023.
Turkey’s exports are facing a boom and seeing a growth every year and credit for this can be attributed to the ‘Export Strategic Plan’ of 2004 which has enabled the exporters to exceed their 2007 target of $100 billion.
The Government has pointed out that the anticipated export revenue from 12 sectors must be at least $10 billion. To attain this target, Turkey has already developed new projects and implemented policies conducive to the country’s economic growth.
For this fiscal year, sectors that excelled in exports include textile and machinery among others. Besides, Government is also planning to introduce brand in textile, especially, since it has the Fashion Academy facility to extend its support for the cause.