The Union of Chambers and Commodity Exchanges of Turkey (TOBB) was established on 15 March, 1950. TOBB is the umbrella organization and legal representative of the private sector. Currently TOBB has 365 members at the local level, formed as chambers of commerce, industry, commerce and industry, maritime trade as well as commodity exchanges. More than 1 million 200 thousand companies of various sizes and all sectors are registered to chambers and commodity exchanges all over the country.

Aim of TOBB is to provide cooperation and solidarity between chambers and commodity exchanges, to ensure the development of industry and commerce in accordance with the general interests, to facilitate the professional activities of its members, to preserve professional discipline and ethics in order to ensure that its members are honest and trust prevailing in their relations with each other as well as with the public.