Roundup: Türkiye loses export competitiveness due to rising costs, low exchange rate: experts


  • World
  • Sunday, 14 Jul 2024

ISTANBUL, July 13 (Xinhua) -- The increasing production costs and unfavorable exchange rate are dampening Türkiye's export competitiveness, casting doubt on its 2024 export target of 267 billion U.S. dollars, according to experts.

Speaking at a meeting in Istanbul on Thursday, Mustafa Gultepe, chairman of the Turkish Exporters Assembly (TIM), emphasized the significant hurdles encountered by Turkish exporters.

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