26.03.2018 Konya
TOBB President M. Rifat Hisarcıklıoğlu stated at the opening ceremony of the new service building of the Ilgın Commodity Exchange that they will discuss agriculture and animal husbandry, drawing attention to the fact that the world population increases by 80 million every year.
Explaining that the middle class in the world is constantly growing,
Hisarcıklıoğlu said, “Middle class is consuming more and spending more. Every
year, a population twice that of Turkey is added to the middle class. 2 billion
people live in our region. This 2 billion imports nearly 500bn USD worth of
food, agriculture and livestock products annually. We have a terrific market
around us. Look at the products whose prices have risen the most in the last
decade in the world; food, agriculture and livestock products. My brothers in
this sector are in the right business. We cannot neglect agriculture. Because
as long as we live, we have to consume. And it is our duty to meet the demands
of this region.”
Stating that the food, agriculture and livestock markets are regulated
by the commodity exchanges in Turkey, the TOBB President said that the analysis
of the products is done in laboratories in the commodity exchange, the price
determined in the commodity exchange with the participation of buyers and
sellers.
Hisarcıklıoğlu emphasized that they give a modern commodity exchanges
with accredited laboratories, sales halls and licensed warehouses to their members
and the commodity exchanges became a model throughout the world.
Hisarcıklıoğlu mentioned that recently, they took three important steps
to improve the food, agriculture and livestock market in Turkey. Licensed warehouses
have been set up where manufacturers bring the product they produced, where products
analyzed in the laboratory are then placed in the warehouse and an electronic
product certificate is received in exchange can be used to access financing or used
as collateral.
Secondly, the Product Specialization Commodity Exchanges have been established,
Hisarcıklıoğlu said, “We’ve attained the 50-year dream of Product Specialized
Stock Exchanges. The licensed warehouses are at the base of the Product
Specialization Exchange system. Just like Borsa İstanbul. This is a commodity
exchange. We can sell our goods all over the world. We are renewing the Third
Party Commodity Exchange Registration Software. Now it becomes possible to
register from your workplace, from your mobile phone, from the internet. The
new system will also work with all institutions. You do not have to go too many
institutions.
Hisarcıklıoğlu said that Ilgın Commodity Exchange is an accredited commodity
exchange and that it provides services on par with world standards to its
members.
Hisarcıklıoğlu, reporting that the transaction volume of 113 commodity exchanges
last year increased by 17% while the trading volume of Ilgın Commodity Exchange
increased by 45%, celebrated Ilgın Commodity Exchange for this success.
Following his speech, TOBB President Hisarcıklıoğlu attended the opening
of the Science High School, which was built by Ilgın Commodity Exchange.