Turkey's free zones trade increased 12 percent

Highest trade volume was recorded with OECD and EU countries with 4.9 billion USD in the first half of 2008.

Turkey's free zones trade increased 12 percent
Trade volume in free zones in Turkey increased 12 percent in the first half of 2008 when compared with the same period of 2007.

Trade volume reached 13.3 billion USD in this period.

Trade volumes in the first half of 2008 were 3.2 billion USD in Istanbul Leather Free Zone, 2.05 billion USD in Aegean Free Zone, and 1.9 billion USD in Istanbul Ataturk Airport.

According to figures of Foreign Trade Undersecretariat, trade volume of Istanbul Leather Free Zone was 3.06 billion USD, while it was 2.1 billion USD in Aegean Free Zone and 1.6 billion USD in Istanbul Ataturk Airport in the first six months of 2007.

Highest trade volume was recorded with OECD and EU countries with 4.9 billion USD in the first half of 2008.

Trade volume with 25 EU-states was 4.03 billion USD, and 932.2 million USD with OECD countries.

Free zones take place within borders of a country, but regulations regarding customs, tax, foreign exchange, price, quality and standards are not applied in these zones.

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Last Mod: 25 Temmuz 2008, 15:13
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