The Turkish Trade Ministry will be able to update licensed warehouse fee tariffs no more than twice a year, taking market conditions into account. The regulation entered into force after publication in the Official Gazette.
The regulation provides that fee tariffs will enter into force after publication in the Turkish Trade Registry Gazette. The tariffs will be updated each January in line with the average of the producer and consumer price indices announced by the Turkish Statistical Institute (TÜİK). The Ministry will be able to reduce that rate by up to half.
