Home / Economy / Turkey Imposes Import Quota for Georgian Oilcake

Turkey Imposes Import Quota for Georgian Oilcake

Turkey has submitted a document to the Parliament of Georgia on imposing an import quota for oilcake derived from sunflowers. The quota will be defined at 15,000 tons annually – any import in excess of this amount will no longer be tax-free.

Commissions of Georgia and Turkey agreed on imposing the quota as early as in 2010, but the ratification document has just been submitted to the Parliament.
According to Gigla Agulashvili, the Chairman of the Parliament’s Agrarian Committee, in 2010 the Turkish side presented documents, according to which oilcake exported from Georgia to Turkey was not produced in Georgia, since the quantity of exported oilcake was exceeding the volume of sunflowers produced in Georgia.

According to Agulashvili, the oilcake exported from Georgia to Turkey was produced from the sunflowers brought to Georgia from Ukraine.

The MP is sure the new regulation will not create any problems for locals, since Georgia cannot produce over 15,000 tons of oilcake by itself.