Union of Chambers and Commodity Exchanges of Turkey

“Additional support should be given to labor-intensive sectors”


23.12.2024 / Ankara



The Union of Chambers and Commodity Exchanges of Türkiye (TOBB) President M. Rifat Hisarcıklıoğlu asked for additional support for labor-intensive sectors, especially textiles and ready-to-wear clothing.​

Making a statement on his social media account, Hisarcıklıoğlu said, “We must protect our country’s production, investment, employment and export capacity. Labor-intensive sectors are in danger of losing their competitiveness. Increasing costs have a negative impact on production and exports. Additional support should be given to labor-intensive sectors, especially textiles and ready-to-wear clothing. In order for our economy to grow on a stronger and more sustainable basis, the real sector’s access to finance should be facilitated and restrictions on commercial loans should be lifted.”

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