{"id":64780,"date":"2026-08-24T17:12:34","date_gmt":"2026-08-24T14:12:34","guid":{"rendered":"https:\/\/www.textilegence.com\/?p=64780"},"modified":"2026-08-24T17:12:44","modified_gmt":"2026-08-24T14:12:44","slug":"turkish-industry-calls-for-new-oep-production-and-exports-must-be-prioritized","status":"publish","type":"post","link":"https:\/\/www.textilegence.com\/en\/turkish-industry-calls-for-new-oep-production-and-exports-must-be-prioritized\/","title":{"rendered":"Turkish industry calls for new OEP: Production and exports must be prioritized"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Opening its doors for the 10th time, the Istanbul Fashion Connection (<a href=\"https:\/\/www.ifco.com.tr\/fair\" target=\"_blank\" rel=\"noreferrer noopener\">IFCO<\/a>)\u2014a key event in the Turkish fashion industry\u2014hosted speeches that painted a striking picture of the <a href=\"https:\/\/www.textilegence.com\/en\/category\/topical\/\" target=\"_blank\" rel=\"noreferrer noopener\">sector<\/a>\u2019s current economic climate.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">During the opening ceremony, where Trade Minister \u00d6mer Bolat and Istanbul Governor Davut G\u00fcl offered sector evaluations, Istanbul Chamber of Industry (ISO) Chair Erdal Bah\u00e7\u0131van clearly articulated the industry\u2019s demand for production-oriented growth and fair competitive conditions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Turkish Exporters Assembly (TIM) Chair Mustafa G\u00fcltepe expressed expectations for steps supporting production and exports in the new Medium-Term Program, while Istanbul Chamber of Commerce (ITO) Chair \u015eekib Avdagi\u00e7 warned that the widening gap between inflation and the exchange rate is severely damaging T\u00fcrkiye\u2019s competitiveness.<\/p>\n\n\n\n<h2 id=\"h-negative-narratives-about-the-sector-do-not-reflect-reality\" class=\"wp-block-heading\">\u201cNegative narratives about the sector do not reflect reality\u201d<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Trade Minister \u00d6mer Bolat underscored the critical role of textiles and apparel in T\u00fcrkiye\u2019s industrialization and export journey, stressing that these sectors are never overlooked. Addressing industry concerns, Minister Bolat stated: \u201cNone of these rumors hold any truth; there are challenges, but a recovery is on the horizon.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Noting that textile exports have begun to rise this year and apparel figures have held steady at last year\u2019s levels, Bolat voiced confidence that the sector would return to positive growth in the second half of the year. He also highlighted a 10 percent increase in the unit export price of apparel in the first seven months of the year, attributing it to the strength of Turkish manufacturing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Emphasizing that trade fairs serve as gateways to global markets for exporters, Minister Bolat said: \u201cWe provided approximately 108 million TRY in support to 524 participating companies across the February and August editions of IFCO in 2025. For this year\u2019s February edition, we have already disbursed around 55 million TRY to 215 participants.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Istanbul Governor Davut G\u00fcl noted: \u201cWe are living in an era where global balances have dissolved, security has taken center stage, and the greatest success is preserving what we have. Maintaining a secure production environment under the leadership of our President during this period is a major achievement.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"2078\" height=\"1384\" src=\"https:\/\/www.textilegence.com\/wp-content\/uploads\/2026\/08\/Ekran-Resmi-2026-08-24-16.32.10.png\" alt=\"Opening its doors for the 10th time, the Istanbul Fashion Connection (IFCO)\u2014a key event in the Turkish fashion industry\u2014hosted speeches that painted a striking picture of the sector\u2019s current economic climate  Image Source: AA\" class=\"wp-image-64778\" srcset=\"https:\/\/www.textilegence.com\/wp-content\/uploads\/2026\/08\/Ekran-Resmi-2026-08-24-16.32.10.png 2078w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2026\/08\/Ekran-Resmi-2026-08-24-16.32.10-768x512.png 768w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2026\/08\/Ekran-Resmi-2026-08-24-16.32.10-1536x1023.png 1536w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2026\/08\/Ekran-Resmi-2026-08-24-16.32.10-2048x1364.png 2048w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2026\/08\/Ekran-Resmi-2026-08-24-16.32.10-300x200.png 300w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2026\/08\/Ekran-Resmi-2026-08-24-16.32.10-600x400.png 600w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2026\/08\/Ekran-Resmi-2026-08-24-16.32.10-696x464.png 696w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2026\/08\/Ekran-Resmi-2026-08-24-16.32.10-1068x711.png 1068w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2026\/08\/Ekran-Resmi-2026-08-24-16.32.10-1920x1279.png 1920w\" sizes=\"auto, (max-width: 2078px) 100vw, 2078px\" \/><figcaption class=\"wp-element-caption\">Opening its doors for the 10th time, the Istanbul Fashion Connection (IFCO)\u2014a key event in the Turkish fashion industry\u2014hosted speeches that painted a striking picture of the sector\u2019s current economic climate  Image Source: AA<\/figcaption><\/figure>\n\n\n\n<h2 id=\"h-turkish-industry-should-not-bear-alone-the-cost-of-an-inflation-it-did-not-cause\" class=\"wp-block-heading\">\u201cTurkish industry should not bear alone the cost of an inflation it did not cause\u201d<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Expressing the manufacturing sector\u2019s expectations ahead of the new Medium-Term Program in strong terms, ISO Chair Erdal Bah\u00e7\u0131van criticized the current policy approach for focusing solely on disinflation at the expense of production. Stating that recent economic measures have forced heavy sacrifices upon manufacturers, Bah\u00e7\u0131van assessed: \u201cTurkish industry is being sacrificed for the sake of fighting inflation.\u201d He stressed the need to protect the production infrastructure built through immense effort and called the erosion of competitiveness unacceptable.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bah\u00e7\u0131van pointed out that manufacturing contributes most to the anti-inflation fight by reining in cost inflation, yet industrialists continue to carry the heaviest burden of high interest rates and financing costs. \u201cOur industry should not bear alone the cost of an inflation it did not cause,\u201d Bah\u00e7\u0131van asserted, adding that policymakers must take this reality into serious account.<\/p>\n\n\n\n<h2 id=\"h-we-want-at-least-half-of-growth-to-come-from-production-and-exports\" class=\"wp-block-heading\">\u201cWe want at least half of growth to come from production and exports\u201d<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">TIM Chair Mustafa G\u00fcltepe reiterated that production and exports are the primary engines of the Turkish economy, noting that recent struggles extend beyond apparel to the entire industrial and export spectrum.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThis is a national issue,\u201d G\u00fcltepe stated. \u201cInflation has been brought down to this point thanks to the sacrifices of industrialists and exporters. The new Medium-Term Program in September must introduce distinct support mechanisms for industry. As exporters, we have been unable to contribute to T\u00fcrkiye\u2019s growth recently, which is deeply concerning. We want at least half of economic growth to come from production and exports. Producing nations guarantee their own prosperity.\u201d<\/p>\n\n\n\n<h2 id=\"h-perception-that-turkiye-is-expensive-is-highly-dangerous\" class=\"wp-block-heading\">\u201cPerception that \u201cT\u00fcrkiye is expensive\u201d is highly dangerous\u201d<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">ITO Chair \u015eekib Avdagi\u00e7 stated that the gap between domestic inflation and exchange rates widened by an additional 10 percent in the last seven months alone. \u201cThis trend is not only squeezing exporters; it is also depressing spending by foreign visitors while domestic citizens spend increasingly abroad. A narrative is forming against us. The embedding of a perception that T\u00fcrkiye is expensive&#8217; is extremely dangerous. If this perception sticks, our tourism sector will suffer as well,\u201d Avdagi\u00e7 warned.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Opening its doors for the 10th time, the Istanbul Fashion Connection (IFCO)\u2014a key event in the Turkish fashion industry\u2014hosted speeches that painted a striking picture of the sector\u2019s current economic climate. During the opening ceremony, where Trade Minister \u00d6mer Bolat and Istanbul Governor Davut G\u00fcl offered sector evaluations, Istanbul Chamber of Industry (ISO) Chair Erdal [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":64779,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9859],"tags":[16231,10776,10369,12450],"class_list":["post-64780","post","type-post","status-publish","format-standard","has-post-thumbnail","category-topical","tag-ifco","tag-textile-exports","tag-textile-news-en","tag-topical"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.2 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Turkish industry calls for new OEP: Production and exports must be prioritized - Textilegence<\/title>\n<meta name=\"description\" content=\"Opening its doors for the 10th time, the Istanbul Fashion Connection 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It focuses on the textile industry and sub-segments. 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