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  English News

E-signature procedure launched in foreign trade


An e-signature system has been launched for the first time in Turkey in, among other fields, foreign trade. The scheme aims at saving time and making tracking easier in the export of imported intermediate goods, under a plan in which manufacturers import goods to produce finished items to be exported later.
02.08.2005 - Turkish Daily News

Yesterday in Ankara State Minister Kürşad Tüzmen briefed the press regarding the process and said the initiation of the practice is necessary to ensure a sustainable increase in exports and to stay current with the modern era in trade procedures.
  “With this project, exporting procedures will become much easier and export transactions can be tracked without time or location limitations.” he said.

During last year alone, 4,968 transactions under the plan were approved and licences provided. The export total of this kind was valued at $33.7 billion, which represents 53.7 percent of total exports last year.

Tüzmen added that firms interested in using the procedure would have to get an a-signature certificate from the Turkish Telecommunication Authority.



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