08.08.2022 Sakarya
The Union of Chambers and Commodity Exchanges of Turkey (TOBB) President M. Rifat Hisarcıklıoğlu attended the opening ceremony of the Licensed Warehouse built for the city by the Sakarya Commodity Exchange.
The opening ceremony,
hosted by Sakarya Commodity Exchange President Adem Sarı, was attended by TOBB
President Hisarcıklıoğlu as well as Sakarya Governor Çetin Oktay Kaldırım,
Sakarya Metropolitan Municipality Mayor Ekrem Yüce, TMO General Manager Ahmet
Güldal and many business people.
TOBB President Hisarcıklıoğlu,
in his speech here, pointed out that licensed warehouses are projects where the
public and private sectors come together with a common purpose and share the
same vision, “Approximately 17 years ago, in 2005, the Licensed Warehousing
Law, which forms the basis of today's licensed warehousing system, was prepared
with the contributions of TOBB. In order to encourage the private sector's
license warehousing investment, we established TMO-TOBB Lidaş together with TMO
in 2010. Thanks to these steps that develop licensed warehouses, our private
sector has also turned to this area. Thus, the licensed warehouse capacity
operating in our country today has exceeded 8.5 million tons. On the other
hand, our commodity exchanges have done their part in this area. With
electronic sales halls, accredited laboratories, live animal exchanges and
licensed warehouses, our commodity exchanges help the agriculture and livestock
sector to function healthily. 20 of the 27 authorized classifier laboratories
that are decisive in the analysis of product quality in the licensed
warehousing system belong to our commodity exchanges.”
Emphasizing that
Sakarya Commodity Exchange is one of the leading institutions in this field,
Hisarcıklıoğlu stated that the Commodity Exchange is the founding partner of
both LİDAŞ and TÜRİB and that it has revealed its vision by realizing this
important license warehouse investment.
- Thanks to Sakarya
Commodity Exchange
Stating that Sakarya
Commodity Exchange is also an accredited commodity exchange, TOBB President
Hisarcıklıoğlu said: “In other words, it has been certified that it provides
5-star service to its members at international standards. We are also working
together with President Adem Sarı at TOBB in Ankara. He is the Vice President of
the Council of Commodity Exchanges. We determine agricultural policies
together. I say may Allah be pleased with my brother Adem, who serves Sakarya
and works for our country in Ankara. I wholeheartedly congratulate our Sakarya
business world for bringing such a hardworking name to Sakarya and our
community. The next step in Licensing Warehousing is the Product Specialized
Exchange, TÜRİB. With the efforts and support of our Ministers of Agriculture
and Trade, this Exchange was opened in 2019. We are also working together with
TMO at TÜRİB. Thus, it is possible to trade products electronically and on a
single platform without the need for physical relocation. Our producers can
also obtain financing from Ziraat Bank and Agricultural Credit Cooperatives by collateralizing
the Electronic Product Bills they procure from here. In the 3-year activity
period of TÜRİB, the transaction volume exceeded 55 billion TL, the amount of
transactions exceeded 20 million tons, while the number of investors reached
135,000. Thanks to licensed warehousing and TÜRİB, the prices of agricultural
products will not be speculated by 3-5 people.”
- The goal is an
advanced agricultural policy
Stating that the prices
of agricultural products will be determined in a more transparent manner,
Hisarcıklıoğlu said, “The TOBB community and commodity exchanges have
undertaken an important mission for the development of licensed warehousing and
agricultural product trade depending on the product stock in Turkey. Our goal
is to increase the efficiency of agricultural markets and to have a developed
agricultural market. At this time when the importance of agriculture and food
is increasing, with a developed agricultural market, Turkey can become the
epicenter of agriculture by using the advantage of its geographical location.”