Rifat Hisarcıklıoğlu, President of the Union of Chambers and Commodity Exchanges of Türkiye (TOBB), stated that they do not want a world built with customs duties and quotas and that the business world is always in favor of free trade.
Hisarcıklıoğlu, in a written statement, Kenya President William Ruto and the participation of ministers in Nairobi’de World Chambers Federation (WCF) Africa Summit reported.
Hisarcıklıoğlu stated that the effects of increasing protectionism tendencies on the summit and the roadmap of the business world were discussed and that the recent decision to increase the Turkish customs tariffs and China’s response in the same way triggered a new “trade war”.
Hisarcıklıoğlu pointed out that many countries are preparing for new tariffs and said, “These developments increase uncertainties in global trade, slowing investments and growth. A difficult period awaits the world economy.” evaluated.
Stressing that they do not want a world knitted with customs duties and quotas, Hisarcıklıoğlu said, “History showed us how dangerous it was. When the countries closed the markets during the period of ‘Great Depression’, the global crisis was deepened. We should not make the same mistakes again. We will continue to be the advocate of free trade. He said.
“We are protecting the mission of the merchants of peace”
Hisarcıklıoğlu underlined that the chambers of commerce and industry have been the greatest supporters of free trade for more than 100 years and that the World Federation of Chambers represented 45 million businesses in more than 170 countries.
Hisarcıklıoğlu stated that this is a very powerful voice and said:
“By raising this sound together, we aim to make governments prefer cooperation instead of conflict. Even if governments are the walls, we will build bridges as a business world. We will continue to strengthen the ties that politics tries to weaken.
