SECTION THREE:

Goods in the Free Zones

Article 8: Trade conducted between the free zones and other regions of Turkey is subject to the foreign trade regime. Upon request, goods originating from Turkey of less than 500 US Dollars value may be exempted from export procedures. The foreign trade regime is not applicable for trade conducted between the free zones and other countries or free zones.

Foreign Exchange and Services

Article 9: All payments related to free zone activities are made in the form of foreign exchange. The Council of Ministers may decide that payments be also made in the form of Turkish Lira.

Shipping and port services in the free zones are provided either by the operator or assigned to public institutions and agencies or to real or legal persons.