Skip to content
Edition of Sunday, 25 October 2026English edition
The Geopolitician

Country risk, from the local press

Turkey · Country watch

Turkey's Processing Licenses, Silver Prices Drop

Turkey issues 617 processing licenses; silver prices fall below $54, affecting exporters and investors.

The picture Stable How this is judged →

Business conditions in Turkey remain stable with regulatory updates supporting exporters, despite market fluctuations affecting silver prices. The week ahead shows no major disruptions, allowing businesses to focus on adapting to market changes.

Flare-up watch: Calm (−0.3) · How this is judged → · All Turkey briefings →

In this briefing Ministry of Trade (Turkey) · Istanbul · UBS · Turkey

Regulation

  • Manufacturing

Turkey issues 617 processing licenses in September

The Turkish flag waving before the Ortaköy Mosque in Istanbul at golden hour
Michael Jerrard / Unsplash

Turkey's Ministry of Trade issued 617 inward processing licenses in September, according to Yeni Safak. The licenses allow firms to import raw materials without tariffs, provided the finished products are exported. Additionally, the Ministry canceled 28 licenses, 21 at the companies' request and 7 by its own decision. This regulatory update is part of the government's ongoing efforts to support exporters by facilitating access to necessary inputs.

Impact Manufacturers and exporters benefit from reduced import costs, enhancing competitiveness.

Sources: Yeni Safak ↗, haber7.com ↗

Safety & health

  • Public sector

Illegal reproductive trade investigation in Istanbul

Aerial view of the historical peninsula and modern skyline of Istanbul
Aerial view of the historical peninsula and modern skyline of Istanbul — Hunanuk, CC0 via Wikimedia Commons

An investigation into an illegal reproductive cell trade network based in Istanbul has uncovered audio recordings and messages detailing the operation's activities, according to STAR. The network allegedly coordinated the collection of eggs from women abroad and managed donor negotiations. The investigation highlights the international scope of the operation and the complexities involved in its logistics.

Impact Legal and regulatory scrutiny intensifies for healthcare providers and related sectors in Istanbul.

Sources: STAR ↗

Markets

  • Finance

Silver prices fall below $54 amid Fed rate expectations

UBS HQ Zurich
UBS HQ Zurich — JaierRT, CC0 via Wikimedia Commons

Silver prices dropped below $54 per ounce as market participants reacted to expectations that the U.S. Federal Reserve will maintain high interest rates, according to haber7.com. The decline in silver is attributed to the strengthening U.S. dollar and rising oil prices. Meanwhile, UBS forecasts a medium-term increase in silver prices, suggesting a potential rebound. The market remains focused on upcoming U.S. inflation data, which could influence future Fed decisions.

Impact Silver exporters and investors face lower returns as prices decline, impacting financial planning.

Watch The U.S. inflation data release is the next key event.

Sources: haber7.com ↗

Trade

  • Automotive

Turkey's bus exports rise 3.77% to $2.43 billion

Turkey's exports of buses, minibuses, and midibuses reached $2.43 billion from January to September, marking a 3.77% increase compared to the same period in 2025, Vatan reports. The vehicles were exported to 60 countries, showcasing Turkey's growing role in the global automotive market. This increase in exports reflects the sector's resilience and capacity to expand its international footprint.

Impact Automotive manufacturers gain from increased export revenues, enhancing sector growth.

Sources: Vatan ↗

Nothing significant reported today in Disruption · Internal tension · Companies · Politics.

Also today in the local press

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

All Turkey briefings →

The same day elsewhere