Chairman of the Türkiye Exporters Assembly Mustafa Gültepe: New Opportunity Doors Will Open for Our Exporters

Evaluating the Financial Action Task Force's (FATF) decision to remove Türkiye from the Grey List, Chairman of the Türkiye Exporters Assembly Mustafa Gültepe said, "The decision taken by the Financial Action Task Force is a turning point for our country's economy. In this period where we need new investments within the framework of our 2028 export targets, the importance of this decision for us is immense."

The 6th FATF General Assembly, held under the chairmanship of Singapore for a two-year term, was completed from June 23-28 this year, operating under the Organization for Economic Cooperation and Development (OECD).

The General Assembly decided that Türkiye and Jamaica will no longer be subject to FATF's enhanced monitoring process, removing both countries from the so-called “grey list” of enhanced monitoring.

The General Assembly congratulated Türkiye and Jamaica for their progress in addressing the deficiencies identified during previous mutual evaluations in the anti-money laundering and counter terrorist financing (AML/CFT).

Chairman of the Türkiye Exporters Assembly Mustafa Gültepe stated that the Financial Action Task Force's decision is a turning point for our country's economy.

In his assessment of the decision, Chairman Gültepe expressed that being on the grey list was one of the issues undermining Türkiye's international trade and financial markets.

Gültepe highlighted that Türkiye's removal from the grey list would create new opportunities for exporters and the business world, and made the following remarks:

“International banks and financial institutions' confidence in our country will increase. Consequently, it will facilitate our financial transactions and encourage foreign investments to flow into our country. The decision taken by the Financial Action Task Force is a turning point for our country's economy. In this period where we need new investments within the framework of our 2028 export targets, the importance of this decision for us is immense. We are excited about new investment opportunities. I hope this decision will be beneficial for our country and our economy.”