TÜRİB-TÜRKŞEKER cooperation in contract agriculture
19.06.2020 / Ankara
Turkish Product Specialized Exchange (TÜRİB) and Turkish Sugar Factories Inc. (TÜRKŞEKER) have signed a cooperation agreement to store contracted agricultural products in licensed warehouses and to be converted into Electronic Product Bonds (ELÜS).
With this cooperation, the appropriate products produced by TÜRKŞEKER producers will be stored in licensed warehouse enterprises and converted into ELÜS and processed in confidence and stability in TÜRİB ELÜS Market.
In addition, advances paid to farmers by TÜRKŞEKER before production will be offset in the exchange process on the transaction amounts carried out in TÜRİB within full automation.
With the infrastructure development works carried out jointly, TÜRKŞEKER was integrated into TÜRİB ELÜS Processing Platform and these operations were carried out in TÜRİB.
Within this framework, the first process was carried out on 19.06.2020.
Your message has been sent
Thank you |
SEARCH
|
News Title |
