New Wholesale Market Law draft on the agenda of the Turkish Grand National Assembly: Prison sentences for those who violate the rules
A 9-article new Wholesale Market Law draft, prepared by the Ministries of Treasury and Finance, Trade, Agriculture and Forestry, and Labor and Social Security, has been submitted to the Turkish Grand National Assembly (TBMM). The regulation aims to reduce intermediaries and penalize speculative price movements by making product tracking from field to table mandatory.
The 9-article new Wholesale Market Law draft, prepared to ensure price stability in agricultural products and prevent informality, has been brought to the agenda of the TBMM. The regulation digitizes product tracking from the field to the point of sale and stipulates administrative fines and prison sentences for those who act against the rules.
The draft, which was worked on by the AK Party group and bureaucrats from the relevant ministries, has been reduced to 9 articles by simplifying the previously proposed text of approximately 30 articles. The new regulation aims to strengthen producer organizations, remove commission agents from the process, and make it easier for producers to deliver their products directly to markets or consumers.
Other prominent regulations in the draft text include providing tax incentives for markets selling domestic products, doubling the number of agricultural cooperatives, and encouraging the sale of domestic products in chain markets. Additionally, it aims to strengthen digital tracking systems in wholesale markets and increase food safety inspections.
The regulation aims to make sales processes more transparent to prevent informal transactions and speculative price movements. In this context, prison sentence sanctions, in addition to administrative fines, have been included in the legal text for those who do not comply with rules such as the obligation to keep domestic products on shelves.
Sources
- ekonomigazetesi.com · Link