12 September 2018 Turkey issues Communiqué on export proceeds obligations The Turkish Ministry of Treasury and Finance has issued a Communiqué regarding the protection of the Turkish currency in relation to export transactions. The Communiqué introduces an obligation for Turkish resident exporters to bring export proceeds into Turkey, sell them to banks and close the export accounts by the stipulated deadline. The Communiqué entered into force on September 4, and will be valid for six months. Document ID: 2018-1797 |