19.03.2018 Adana
Speaking at the opening of the Adana Commodity Exchange, TOBB President M. Rifat Hisarcıklıoğlu expressed happiness for being in Adana, which is both the locomotive of Anatolia and its breadbasket.
Hisarcıklıoğlu, praying for the grace of Allah upon the martyred
soldiers in Operation Olive Branch and the martyred Specialist Sergeant Halis
Koca of Adana, “Praise Allah, we captured Afrin district center yesterday. May Allah
grant our army victory. May He keep and protect our soldiers. May our unity and
solidarity be everlasting. Yesterday was the 103rd anniversary of the
Çanakkale (Dardanelles) Victory. We memorialize the Çanakkale martyrs in
gratitude. Every breath we take today is owed to their last breath given. May Allah
grace them with blessings.
Noting that Customs and Commerce Minister Bülent Tüfenkci stands with
them on this important day for Adana, Hisarcıklıoğlu said, “Our ministry is
with us not only on good days but also during our troubles. Under the
leadership of the minister, a number of reform steps have been taken for years
that have relieved the business community and improved the business and
investment environment. Many reforms, including company establishment in one
day, the use of agricultural products as collateral for access to financing,
the licensed warehousing system and the Specialized Product Commodity Exchanges,
as well as the facilitation of financing for the business world, have been made
possible by the Ministers and our Ministry's valuable bureaucrats. We are
really lucky to have such a minister.”
Pointing out Adana’s dynamism, mobility and blessings, the TOBB
President said he shares the morale and motivation of its members in Turkey's
80 provinces.
Hisarcıklıoğlu stated that Adana is a city of trade, industry, tourism
and agriculture, with the trade volume of 86bn TRY, ranking 9th in Turkey.
Hisarcıklıoğlu said, “38% of Adana is arable agricultural area. While on
average, 24% of agricultural land in Turkey is irrigated, the rate is 46% in
Adana. Food, agriculture and livestock markets are organized in our country by commodity
exchanges. The analysis of the products is done in the laboratories of our commodity
exchanges. Prices of products are determined by interaction of buyers and
sellers. In the electronic sales hall where we will be opening soon, the prices
of the products will be determined in electronic environment. We provide
service to our modern stockbrokers, with our accredited labs, our electronic
sales halls, our licensed warehouses. Today, our commodity brokers have become
an example to the world. We are transferring our experiences in Commodity
Exchanges to 57 Islamic countries and Turkic Republics.”
Stating that recently, food in Turkey has taken three important steps
that will further develop the agriculture and livestock markets, Hisarcıklıoğlu
said, “Manufacturers bring their products to licensed warehouse. First, the
product is analyzed in the laboratory, then it is placed into storage. They use
their Electronic Product Promissiory Note (ELÜS), which can be used as a
guarantee for financing. We will open Adana CE’s 50,000 ton cereal and corn
licensed warehouse and authorized product analysis and classification laboratory
soon. Hopefully once the second phase is completed, the licensed warehouse capacity
will have reached 115,000 tons. I would like to thank the Minister for their
leasing, logistical and analysis support for licensed warehousing.
Under the leadership of the minister, we are about to complete the
establishment of the Product Specialized Commodity Exchanges, which is the 50
year dream of Turkish agriculture. We are also creating licensed warehouses as
a foundation for the Product Specialized Exchanges. You will be able to buy and
sell the product notes you buy from licensed warehouse on the Product
Specialized Commodity Exchanges. Just like Borsa Istanbul. This will be a
commodity exchange. With the Specialized Commodity Exchange, prices of
agricultural and livestock products will now be determined in our country. Our
Adana Commodity Exchange will be its partner.
Thirdly, we are renewing our registration software in our Commodity
Exchanges. Now it becomes possible to register from your workplace, from your
pocket, from the internet. The new system will also work with all institutions.
You will not need to go door to door between many institutions.
Adana Commodity Exchange has built a great facility. It has become a
place to contain all the activities of the commodity exchange. In addition to
what I said, merchants also have a place in this facility. As an accredited
commodity exchange, the exchange with its 5-star service quality has as 5-star
facility to match.”