Turk Barter has been founded by a group of entrepreneur, professional businessmen, who have pioneered the implementation of the barter system in Turkey. Thus, the barter industry that is developing very rapidly in the world has been introduced to the country’s economy as a new concept.
The know-how of our institutional entrepreneurs on the barter industry and the reputability of our institutional leader in the International Reciprocal Trade Association, emphasize the significance of TURK BARTER’S national and global role. The family structure, uniting the entrepreneurs and the employees under the same roof, composes the strong organization of TURK BARTER today, with its technological infrastructure support and modern management system. TURK BARTER which aims to present a fast service with good quality to its customers, succeeded in carrying the process that extends from money to barter in commercial procedures to national and global dimensions. The purpose of TURK BARTER is not removing money totally from the commercial world, but to extend the awareness that trade can be done in the absence of absolute money. The Barter system, which is an Alternative Commercial and Financial model, is an important sector brought into the Turkish business world today by TURK BARTER.
The Barter Trade System, while providing the companies the facility of purchasing their needs against commodities produced or services which are considered as the most suitable payment instruments, is an arranging system that enables establishments to be financed through their equity capitals and acquire it as a habit. Besides its contributions to the companies, the Barter System plays an important role in international trade. Bartering the debts between the countries or providing the needed products or services through barter without making cash payment from public treasury is very important in establishing the economical balance of the countries. The Barter intermediary companies which integrate the barter procedures into the system have a big responsibility in establishing these sensitive balances. Providing the trust that the market needs, signing the international barter contracts and fulfilling its responsibilities towards its country are the main targets of a barter company.
About IRTA ( INTERNATIONAL RECIPROCAL TRADE ASSOCIATION )
World Barter Association (IRTA)
The IRTA (International Reciprocal Trade Association) has been founded on August 31, 1979, in order to direct the institutional Barter industry in the United States and the world and to expand the trade in this area within the framework of high standards. The IRTA is involved in activities such as research and direction related to Barter trade, providing databank services, security and international trade links, technical consultancy, developing newly beginning companies, industrial measurements, and publications.
IRTA is currently being represented in nearly thirty countries: USA, Canada, United Kingdom, Australia, Malaysia, India, Thailand, North Korea, Japan, China, Mexico, Brazil, Argentina, Chile, New Zealand, Colombia, Turkey, Italy, France, Belgium, the Netherlands, Germany, Russia, Hungary, Austria, Sri-Lanka and Iceland. Membership is open to all institutions and individuals interested to contribute to the Barter sector.
A members’ meeting is held annually and one or more training conferences are organized to train those serving in the industry and help them improve their professional capabilities. The industrial authority program is providing certificates for the qualifying persons, in one or more specialties. An information exchange market and an expert consultancy board are assisting the newcomers of the Barter industry.
IRTA is implementing various public service programs and also the Barter Political Activity Committee (BARTERPAC) under the decision of a special Federal Election Commission, allowing reciprocal trade loans and similar aids to be provided to federal election candidates by partners, managers and administrative personnel of Barter companies. The reciprocal trade loans are accepted by the Federal Election Commission (FEC) based on the principle that one reciprocal trade loan equals to one dollar.
The Board of Directors is composed of ten members, and being a member of the board, Turk Barter is making significant contributions to the development of the Barter industry in Turkey in line with the world. The Board of Directors convenes four times a year. In the meetings held with defined agendas, issues such as the acceptance of Barter companies newly applying for membership, the general budget of IRTA, those that need to be done in relation to the barter industry in other countries, resolution of disputes arising from barter transactions carried out by Barter companies among themselves, the general activities of the Universal Currency managed by IRTA are discussed. Each year, the Barter companies that are members of the IRTA and those non-member organizations that are interested in attending the Barter meetings are brought together in the General Congress. The General Congress discussions assists Barter companies to understand each other mutually, meanwhile commercial attempts are initiated, training is provided and joint strategic resolutions are made.
Dr. M. Sirri Simsek
Message of the President
The Barter Trade System is a regulating system that allows companies to meet their requirements in return for the products and services they produce, which is the most convenient payment instrument for them, and thus allows enterprises to finance themselves by their own resources and turns this into a habit.
The Barter System, in addition to the contributions provided to companies, also plays a significant role in inter-countries trade. Bartering international debts or providing the supply of required products and services by barter, without any cash being paid from the country’s deposits, is very important for countries in establishing their economic balances.
In the barter operations, the Barter broker companies have to undertake considerable responsibility in achieving these delicate balances. The most outstanding goals of a barter company are providing the confidence required by the markets, signing international barter contracts, and fulfilling its responsibilities to its member companies and its country.
In addition to its national role, Turk Barter has now assumed a significant task that will contribute to our country’s economy at the international level, by the agreements it has made.
We are moving on our way to add a new connection to our international connections, legally accepted in the US and Europe, on a daily basis.
Our world is experiencing very rapid developments and all favorable developments in any field, leads us to question the adequacy of what we have done so far. We are daily facing new expectations and are striving to provide rational solutions to these expectations.
Our reliability built on many years of experience, our quality focused approach and our corporate structure compose our most important resources. Our main principles leading us in all our activities are, to generate revenue and employment, to grow by advancing the interests of our country, our customers and our employees to the highest level, and continue to be a reliable brand, both locally and abroad.
With the restructuring activities initiated by Turk Barter, in line with corporate management principles, we have full faith that Turkey, as has been so far, will continue its presence in the globalizing economy of the 2000’s successfully and will be passed on the future generations by further growth and development.
While the issue of trust is coming into prominence in the World in various dimensions, as Turk Barter, we believe that the foundation of our development is our principle of being a “trustworthy business partner” in all our relations. We will improve our objectives with the strength we derive from this faith.
In our age, when the significance of access to information, generation and utilization of information are not even discussed anymore, the ability for rapid and efficient organization is equally important. We are keeping up with the pace this speed and flexibility in all fields, by our management system, our human resources, our information technologies infrastructure and our organization.
As required by the mission of the International Reciprocal Trade Association, of which we are a member as Turk Barter, we are directing our activities by providing support in all types of information and technical infrastructure issues, based on the principle of expanding the Barter industry in all countries in the world.
Since the day we have been founded, our objective has been to carry our business further in order to develop systems that will render our most important resource - man - more efficient and successful, to promptly seize and exploit the opportunities in the globalizing world, to implement the rules of corporate management as required by contemporary management, to join our forces and work more efficiently, and make Turk Barter a group trustfully referred to in many years to come.
What makes us different is our honest and respectful approach to our relations with all individuals and organizations, as compelled by our traditional nature, our competitiveness without compensating quality, always aspiring customer satisfaction. As the complete Turk Barter family, we are assured that we will achieve further success in the coming years, combining this traditional nature with the modern management principles of the communication and technology age.