Repatriation of Export Proceeds (Promoting the Use of Local Currencies in Trade between Türkiye and the TRNC)

Dear Member,

In the letter sent to our Chamber by TOBB, with reference to the letter received from the Ministry of Trade dated 23.11.2022 and numbered 80288188, the letter referenced above, a copy of which is attached, gives the information that, with the amendment made to the legislation in force, in exports to the Turkish Republic of Northern Cyprus it will be mandatory for box 22 of the customs declaration to be declared in Turkish lira and for the export proceeds to be collected in Turkish Lira.

The letter also states that this requirement will not apply to customs declarations issued before 05.12.2022 and to collections made in this context. 

Annex: Repatriation of Export Proceeds

Kind regards,

Elazığ Chamber of Commerce and Industry

 

This announcement has been read 271 times.

Date Added :2022-11-29 03:39:00