Reduction On The 'Green Passport' Limit For Exporters

Reduction On The 'Green Passport' Limit For Exporters

According to the president's decision published in the Official Gazette, Representatives of companies exporting goods with an average annual export of over $500,000 as of the last 3 calendar years will be able to receive a green passport. With the decision, the export limit of $1,000,000 was reduced to $500,000.

Accordingly, as of the last three calendar years, the annual average export of over 500 thousand dollars, the exporters of goods exporters will have the number of green passports varying according to the number of exports.

With the decision;

• One representative from companies with an average annual export of $500,000 - $10,000,000;
• Two representatives from companies with an average annual export of $10,000,000 - $25,000,000;
• Three representatives from companies with an average annual export of $25,000,000 - $50,000,000;
• Four representatives from companies with an average annual export of $50,000,000 - $100,000,000;
• Five representatives from companies with an average annual export of over $100,000,000 may receive green passports.