Mr. Mehmet Ali Erkan; General Director of Turkish Trade Centre in Iran, hosted business World representatives in textile and baby-kids wear sectors and mentioned that Chinese products have lost its effect on Iranian markets in recent years. “The ‘High Quality products are purchased from Turkish companies’ perception is very dominant in Iran. We should turn this thought into an opportunity.”
Bursa companies have gained considerable experience on Iranian Market through International Competitiveness Development Project on Textile and Baby, Children’s Apparel sectors carried out under the leadership of BTSO with the Ministry of Economy’s contribution. Business world representatives from Bursa made bilateral business meetings with the more than 1500 business world representatives of Iran for two days and paid a visit to Turkish Trade Centre in Iran came into operation in July. The committee under the leadership of Mr. Ismail Kuş, Vice President of Board of Directors of BTSO, were welcomed by Mr. Mehmet Ali Erkan; General Director of Turkish Trade Centre in Iran.
“TURKISH COMPANIES DEVELOP IDENTITY AS LOCAL SHAREHOLDERS”
Mr. Ismail Kuş, Vice President of Board of Directors of BTSO, said that Turkish Trade Centres make companies available to globalise in line with the Turkish exports strategies for 2023. He also stated that contributions of the Ministry of Economy on export are great opportunity to make globalisation possible for the companies. “We must develop local identities in local markets in order to have remarkable places in these markets. Our companies have permanent settlement in target markets through these centres, Turkish Trade Centre established in New York by Bursa Chamber of Commerce and Industry provides great opportunities for the companies. Thanks to the financial support of Ministry of Economy, our companies had the showroom at the price of a mail box in Manhattan.”
4 DIFFERENT SECTORS, 57 COMPANIES
Mr. Erkan informed the committee from Bursa visiting Turkish Trade Centre, and explained that with a capacity of 70 companies currently 57 companies are operating in the centre, in which their products have been exhibited throughout the year. He also expressed that companies are in service in ready-wear, textile, chemistry and furniture sectors.
“THEY FOLLOW TURKEY’S LEAD”
Stating that integration process of Iran with the international markets restarted last year, Mr. Erkan said that after the sanctions imposed by the UN on the framework of the UN nuclear deal have been lifted, foreign companies have started to take place in some parts of the economy. He mentioned also that Iran could manufacture lots of products self, and said “It could fulfil its needs by itself up to 70%. However, it must take investments to meet 30% of needs. We are contiguous countries and it is possible to invest in all sectors. Production is not enough for industry. They would like to improve themselves in this regard. So they started the integration process with European Union and have followed Turkey’s lead because of living together for many centuries.
QUOTA OF 20% COULD CREATE ADVANTAGES
Stating that there is a quota application on textile sector in Iran, Mr. Erkan said that there is a legal obligation for the seller to make 20% of its production within 2 years and it provides significant advantages for Turkey. And he said “It is not possible for European companies to start production soon. I think that Turkish companies can be outsourcer in Iranian markets, and get into these markets. It means that textile companies will enter the Iranian market for production as companies in ready wear sectors did. We need to use this potential.