Erdoğan touts tax-free forex sales for exporters
"Exporters will not pay exchange tax when buying foreign currency," President Recep Tayyip Erdoğan told the Turkish Exporters Assembly in Istanbul.
Turkey's exports rose to $171.4B this May, which is positive but still falls short, as in fact they should top $200B, he added.
Istanbul vote next week
Speaking ahead of the Istanbul mayoral revote, on June 23, Erdoğan said that anyone who respects democracy and the law must approve the outcome of next Sunday's election.
People's Alliance candidate Binali Yıldırım and Nation Alliance candidate Ekrem İmamoğlu will again vie for the Istanbul mayor's seat after the Supreme Election Board (YSK) ordered a re-run of the March 31 Istanbul polls.
The results of the March vote were canceled after the ruling Justice and Development Party (AKP) and Nationalist Movement Party (MHP) appealed to the body, citing irregularities and violations of election law.
On the Greek Cypriot administration reportedly issuing arrest warrants for the crew of the Turkish-flagged drillship Fatih in the Eastern Mediterranean, Erdoğan said such warrants represent “false hopes.”
The Fatih drillship launched its offshore drilling operations on May 3 in an area 75 kilometers (some 41 nautical miles) off the western coast of Cyprus.
The area falls entirely within the Turkish continental shelf registered with the UN and under permit licenses that the Turkish government granted to Turkish Petroleum in previous years.
Turkey has consistently contested the Greek Cypriot administration's unilateral drilling in the Eastern Mediterranean, saying the Turkish Republic of Northern Cyprus also has rights to the resources in the area.
In 1974, following a coup aiming at Cyprus' annexation by Greece, Ankara intervened as a guarantor power. In 1983, the Turkish Republic of Northern Cyprus was founded.