Türkiye takes new measures to regulate Chinese Temu
A page from the Temu website is seen in this photo taken June 23, 2023, in New York. (Photo via AP)
The Turkish Ministry of Trade, led by Minister Omer Bolat, is taking steps to regulate the activities of the Chinese e-commerce platform Temu.
Close monitoring of Temu
Bolat announced that the ministry closely monitors Temu’s operations and will publish the necessary measures in the Official Gazette.
Minister Bolat emphasized the government’s vigilant approach to Temu, a platform that has recently garnered significant attention. Responding to a question from CNBC-e, Bolat stated, “We are closely following this site. You will soon see the necessary decisions. The relevant measures will be published in the Official Gazette.”
Verified listings in automotive and real estate
Bolat also announced the introduction of verified listings in the automotive and real estate sectors, starting in September.
The new application begins on September 15. Individuals selling property will authorize their real estate agents via e-Devlet. Verified individuals will be able to mediate these sales. We are starting with real estate, followed by verified automotive sales through e-Devlet two weeks later. This will prevent fraudulent activities in property and car sales.
Increasing micro-exporters
Addressing the issue of micro-importers, Bolat highlighted the aim to increase the number of micro-exporters while controlling the rise in micro-importers. He clarified that the new regulations are not intended to favor any company but to maintain the competitive edge of Turkish e-commerce firms and marketplaces against their international counterparts.
Efforts for fast-track visas
In response to increasing visa complaints, Bolat mentioned that efforts are underway to expedite the visa process for businesspeople and students.
We are working on fast-track visas for specific areas, primarily for the business community and students
Bolat also addressed concerns about the employment conditions of migrants in Türkiye. He stated that while migrants are heavily employed in industry and agriculture, they are not being exploited with low wages.
