Deemed the Air Cargo Cooperation Protocol, it will include perishable goods for the first time and will add US$6 billion to the exports.
The agreement will cover exports to 46 destinations to be shipped by Turkish Cargo and will offer exporters a discount on shipments of multiple goods from eggs, fresh fruit and vegetables to fish.
'Some of the most important export items have been included (in the agreement), from eggs to fish in perishable products. In addition, we agreed to offer a discount of 10 per cent to 35 per cent for exports to 46 countries, covering a wider range of products, including e-commerce goods.' said THY chairperson Ilker Ayci.
7.5 per cent of Turkey's exports and 18 per cent of its imports were transported by air as of 2020.
Also addressing the ceremony, Transport and Infrastructure Minister Adil Karaismailoglu stressed the importance of air shipment: 'The air cargo market is predicted to reach an important threshold with a growth approaching 10 per cent per year in the 2021-2024 period,'
'After the first cooperation, a total of US$1.2 billion of high value-added product exports were made to 28 destinations determined in the four-month period between December 2020 and March 2021,' said Mr Karaismailoglu.
'Looking at the transported tonnage data of (Turkey's) 28 export markets, the tonnage transported in the December 2020-March 2021 period was revealed as 65,669 tonnes, with an increase of 10.7 per cent compared to the previous period.
'With the wide flight network, our exporters will be able to reach markets on a global scale with a much larger capacity, in a much faster, higher quality and advantageous way, and will seize opportunities in new markets,' said Mr Karaismailoglu.
'We aim to accelerate our country's export mobilisation with the expectation of realising high value-added exports close to $6 billion by the end of the year.'