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Turkey is losing $ 1.6 billion due to Iraq's refusal to import salt and pasta DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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Turkey is losing $ 1.6 billion due to Iraq's refusal to import salt and pasta

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Turkey is losing $ 1.6 billion due to Iraq's refusal to import salt and pasta Empty Turkey is losing $ 1.6 billion due to Iraq's refusal to import salt and pasta

Post by RamblerNash on Sun Jul 28, 2019 2:06 pm

Turkey is losing $ 1.6 billion due to Iraq's refusal to import salt and pasta

Turkey is losing $ 1.6 billion due to Iraq's refusal to import salt and pasta 16468
 
28/07/2019

Economy News _ Baghdad

Turkey has lost $ 1.6 billion in losses due to Iraq's ban on the import of salt and pasta, the head of Turkey's food and beverage industry, Abdulkadir Kulahsioglu, said on Sunday.

"In May the eggs were banned, and in June the soft drinks, ice cream, now the salt, the pasta, and as we learned, will also ban the processed agricultural products gradually," Oglu said in remarks published by Turkish media and its follow-up, the economy news.

"This means that a local trade estimated at $ 1.6 billion, thousands of truckloads will no longer be able to transport, factories will have to lay off their workers, and there will be employment problems as well," he said.

He added that "Turkey has a market size of 68% in pasta alone, and even if Iraq began to establish factories to produce pasta, can not meet domestic demand," noting that "to fill this gap, Iran may intervene" to compensate Turkey's share, because Iran's rival head To Turkey in the Iraqi market. "

http://economy-news.net/content.php?id=17369
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