Union of Chambers and Commodity Exchanges of Turkey

According to the Draft Law Amending The Customs Law and Some Laws and Laws in the Force of Law, which was accepted by the Plan and Budget Commission of the Turkish Parliament (TBMM), spouse consent will not be sought in sureties to be given by the owner, shareholder or manager of a commercial enterprise that is registered with the trade registry to be given in relation to the enterprise or the company, as well as in loans to be used and sureties to be given by tradesmen or craftsmen who are registered with the registry of tradesmen and craftsmen in relation to their professional activities, and by agricultural credit cooperatives.  

In his statement regarding the subject, Hisarcıklıoğlu, President of TOBB, said that spouse consent sought in commercial loans was an arrangement that did not suit the facts of commercial life, and gave rise to great problems.

Pointing out that they defended the amendment of the existing arrangement for a long time, Hisarcıklıoğlu said, “We expect it to be enacted.”