Requirement to Use Turkish Lira in Exports to the TRNC

Dear Member,

In the letter sent to our Chamber by TOBB, with reference to a) our letter dated 28.11.2022 and numbered 12439, and b) the letter received from the Ministry of Trade dated 06.12.2022 and numbered 80669926, our letter referenced in (a) gave the information that, with the amendment made to the legislation in force, in exports to the Turkish Republic of Northern Cyprus (TRNC) 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.

Another letter referenced in (b), a copy of which is attached, conveys, with reference to a letter received from the Commercial Counsellor's Office in Lefkoşa, the said amendment regarding the use of the Turkish Lira in bilateral trade between our country and the TRNC and assessments regarding the said amendment.

Kind regards,

Elazığ Chamber of Commerce and Industry

 

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Date Added :2022-12-12 03:32:00