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.
Treasury reports central government debt stock in March rises around 15 pct year-on-year, reaching nearly $235 billion
Sales to foreigners amounted to 1,827, 15.8 pct rise year-on-year, according to official report
BIST 100 slips 0.15 percent; US dollar/Turkish lira exchange rate stands at 4.0460
BIST 100 rises 0.01 percent; US dollar/Turkish lira exchange rate drops to 4.0250
Fresh hopes that Donald Trump and North Korea's leader Kim Jong Un will hold a historic summit within months also provided some much-needed optimism.
The fund cautioned that investors and financial markets expect a steady approach to monetary tightening based on the belief inflation will remain relatively tame.
Turkey's assets abroad go up 2.4 percent at end of February 2018, compared to end of 2017: Turkish Central Bank
BIST 100 decreases 0.12 percent; US dollar/Turkish lira exchange rate stands at 4.1020
Hong Kong and China ended down after fluctuating through the morning on data showing the world's number two economy expanded in January-March at the same rate as the previous three months.
For Turkey, Germany is a very important, indispensable partner: Turkish Energy Minister Albayrak says in Berlin
BIST 100 rises 0.69 percent; US dollar/Turkish lira exchange rate stands at 4.0830
The United States, Britain and France carried out attacks at the weekend on alleged chemical weapons facilities, in response to what they say was a toxic gas attack by the Russia-backed Assad regime a week before.
Excluding interest payments, central government budget balance saw surplus of nearly $500M in first quarter of 2018
London's FTSE 100 index fell 0.1 percent to 7,254.83 points, with UK advertising giant WPP diving four percent after chief executive Martin Sorrell resigned over the weekend.
The US, Britain and France carried out attacks at the weekend on alleged chemical weapons facilities, in response to what they say was a toxic gas attack by the Russia-backed Assad regime a week before.