Find news published in the date range below
and and
and and
and and
Clear
Euro
Arrow
53,9477
Dollar
Arrow
44,7286
Sterling
Arrow
63,0795
Gold
Arrow
6245,8354
BIST 100
Arrow
10.729

New era in poppy purchasing: The authorized public institution for buying and selling has changed

With a Presidential Decree, the authority for the buying and selling processes of poppy capsules and seeds has been transferred to the Turkish Grain Board (TMO). Price and quantity determination will be carried out by obtaining the opinion of the Ministry of Treasury and Finance.

Don't leave your news choices to an algorithm - decide for yourself what you read. Add 12punto to your preferred sources!
New era in poppy purchasing: The authorized public institution for buying and selling has changed

According to the new regulation published in the Official Gazette, the Turkish Grain Board (TMO) has been authorized for the purchase and sale of poppy capsules and seeds.

TMO will obtain the opinion of the Ministry of Treasury and Finance when determining the price and quantity of these products. Furthermore, the procedures and principles to be applied during the buying and selling periods will also be determined by TMO.

Another change made in the decision was the update of the phrase "duty loss and calculation method" to "assignment fee and calculation method." In this context, losses that may arise from the export of poppy capsules and their derivatives, as well as the production, distribution, and sale of poppy seeds, will be considered as an assignment fee, and this fee will be covered by the Ministry of Treasury and Finance.


News Source: 12punto

Turkish Grain Board