47 / 391
I NTERNAT I ONAL COMMERC I AL LAW
33
State Aid for Export
*
The Council of Ministers adopted a Decree numbered 94/6401
regarding State Aid for Export
1
(hereinafter referred to as the “Council of
Minister’s Decree”) aiming to sponsor activities supporting the economic
and social targets designated in developmental plans and yearly plans. On
the basis of the Council of Minister’s Decree, the appropriate instruments
for providing the mentioned sponsorships have been created through
many Communiqués adopted by the Turkish Republic Prime Ministry
International Trade Undersecretariat’s (hereinafter referred to as the
“Undersecretariat”) Money-Credit Coordination Council in compliance
with European Union and GATT norms.
1.
Sponsorship for Participation in Fairs Abroad
The Communiqué numbered 2009/5 regarding the
Sponsorship of
Participation in Fairs Abroad
2
is the latest legislation and is in compliance
with the Council of Minister’s Decree.
The aim of the Communiqué is to sponsor export by the following
means:
•
To ensure the participation of Turkish companies in fairs abroad
and individual participation in international sector-specific fairs,
•
To present and market Turkish export goods.
The relevant export sponsorship provides the expenses of the parties
mentioned below from the Sponsorships and Price Stability Fund:
•
organizers of the fairs abroad
•
companies and institutions which participate in these fairs
•
individual participants in international sector-specific fairs
The sponsorship amount varies from around 50% to 75% of the
total fair cost depending on the nature of the fair or the participant. In no
circumstances can the sponsorship amount exceed the cap designated in
the Communiqué.
*
Anticle of January 2010
1 The mentioned Decree was published in the official gazette dated 11 January 1995, numbered
22168 and entered into force.
2 The mentioned Communiqué was published in the official gazette dated 30 December 2009,
numbered 27448 and entered into force.