TURKISH AGRI.NEWS

Turkey's Agricultural Credit Cooperatives are seeking to open a grocery chain consisting of 400-500 stores across the country, the group's general manager has announced. "By opening cooperative stores all over Turkey, we will be able to present consumers with the food products we buy from farmers directly," Fahrettin Poyraz told reporters on Saturday. Poyraz stated that the goal is to open a grocery store in order not to let the customer fall victim to the excessive price hikes which have been levied by other markets. "At the moment, we want to bring quality to the market with a series of regulations against a number of malicious producers who are trying to mortgage our future for the sake of profit. This is why we want to increase the number of grocery store alternatives, starting from the metropolitan cities. But we don't plan on having a store on every street corner," Poyraz added. The group has announced that their main objective is to open some 400...

'We evaluate China from long-term perspective' Fahrettin Poyraz, General Manager of the Agricultural Credit Cooperatives of Turkey (TTKKMB), said that there would be tides in international relations, but they viewed events in terms of institutions and Turkey in the long run. "We have already been working on the Chinese market for a long time. We need to think of this project independently of these processes," Poyraz said. "We work without losing sight of the opportunities in line with our capacity and capability. Trade with China is a matter that needs to be evaluated from a long-term perspective. We will continue to do our best to take advantage of any opportunities we face," Poyraz stated. Last year, Turkey purchased 20.7 billion dollars worth of goods from the Far Eastern nation, while its exports to the country only totaled 2.89 billion dollars. In the first six months of the current year, Turkey's exports to China were about 1.25 billion d...