Trade Minister: Sanctions will increase exponentially

Speaking at the Turkish Business Ethics Summit organized by the Turkish Association of Economic Companies and Business Ethics (İGİAD), Minister of Commerce Ömer Bolat said: “As a state, we inspect practices such as inspections and market surveillance , unfair exorbitant pricing and warehousing practices. . “In the next omnibus bill, penalties will increase exponentially,” he said.

Bolat said: “During the earthquake, we also saw many bad examples that did not comply with professional or business ethics. “We are trying to solve these problems,” he said.

‘MORE THAN 3 MILLION UNEMPLOYED’

Speaking about the unemployment data, Bolat said: “Our unemployment data was also announced yesterday. Thank goodness, it fell to 9.1 percent. I can say that this is the lowest figure we have reached in many years. The official figure puts the number of unemployed at around 3 million 150 thousand. “Our employers convey their problems to us saying, ‘We can’t find people, midstream staff, or trained and qualified staff to hire us,'” he said. (DHA)