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Trade Minister: We will Strengthen Our Economic Ties with America

: 2019-04-20 Modified date : 2019-05-02

Trade Minister: We will Strengthen Our Economic Ties with America
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Turkish Trade Minister Ruhsar Pekcan said her country aims to strengthen its trade and economic ties with the United States.

This came in a speech during her participation in the 37th annual joint conference of the Turkish-American Business Council (TAİK) and the Turkish-American Council (ATC) in Washington DC.

The United States and Turkey are important trading partners with great potential," she said.

She thanked her American counterpart Wilbur Ross for his support of Turkish-American trade relations between the two countries.

The Turkish trade minister pointed out that US Presidents Donald Trump and Turkish Prime Minister Recep Tayyip Erdogan set a target of 75 billion dollars in bilateral trade, stressing that they aim to further strengthen trade and economic relations between the two countries.

The value of Turkish exports in the first quarter of 2019 reached the highest level in the history of Turkey, reaching 44 billion and 567 million US dollars.

Turkish Trade Minister

Turkey's Trade Minister: Achieving the goals is through a road map

To achieve that goal, they had to come out of the traditional trade relations framework, and look for alternative ways, work out a road map and take concrete steps to achieve that goal.

She pointed out that she had fruitful discussions with her US counterpart on how to make progress in this regard, stressing that they will prepare a joint roadmap soon to progress in this regard.

"We have taken two steps today in the field of cooperation. The first is the formation of a working group composed of technical experts from the two ministries. The second is that we have decided to activate channels of dialogue, such as the Turkish-American working council headed by the ministries of the two countries" the minister continued.

Turkish Trade Minister: What about steel products?

Turkish Trade Minister Rohasar Bekjan called on Washington to change its stance on tariffs applied to some Turkish steel products, hoping that its country would be exempted from the measures taken with regard to the car industry and maintain Turkey's position in the GSP.

There is no doubt that this will increase the number of investors in Turkey and the migration of capital to it.

Edited by: Imtilak Real Estate ©

Source: Anadolu Agency + Yeni Safak

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