Turkish Economy Minister Zafer Caglayan said Tuesday that they were pleased with the interest the South Korean government showed in the T-129 Atak helicopters.
Caglayan met with South Korean Minister of Knowledge Economy Hong Suk-Woo in Seoul on Tuesday.
Speaking to reporters while meeting Suk-Woo, Caglayan said that the Free Trade Agreement (FTA) with South Korea would be signed in Turkey by the end of June.
We are ready to cooperate with South Korea with the FTA, Caglayan stressed.
The new incentive system to be announced in Turkey would attract South Korean companies to Turkey. We are pleased by the interest the South Korean government has shown in T-129 Atak helicopters. Cooperation in the defense industry would positively affect commercial relations between our two countries, Caglayan noted.
We pay high importance to the participation of South Korean firms in a meeting of the Investment Advisory Council to be held in May under the chairmanship of Prime Minister Recep Tayyip Erdogan, Caglayan underlined.
Minister Suk-Woo said that South Korean businesspeople would make use of the opportunities that the Turkish market offers so that bilateral trade takes place in a more balanced fashion.