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07:05, 21 September 2014 Sunday
Update: 10:15, 27 June 2012 Wednesday

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Top Tukish, US officials meet to boost trade ties in Ankara
Top Tukish, US officials meet to boost trade ties in Ankara
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Babacan said goal of the cooperation frame was to raise relations in economy and commerce to their highest level and handling that goal as a strategic issue.

World Bulletin / News Desk

Top economy and commerce officials from Turkey and the United States gathered in a meeting in the Turkish capital, Ankara, Tuesday to devise ways to boost strategic cooperation.

The Second Ministers Meeting of the U.S.-Turkey Economic and Commercial Strategic Cooperation Frame brought together Turkish Deputy Prime Minister Ali Babacan, Economy Minister Zafer Caglayan, and US Commercial Representative Ron Kirk as well as Acting Secretary of Commerce Rebecca Blank.

Speaking in a joint press conference after the meeting, Babacan said goal of the cooperation frame was to raise relations in economy and commerce to their highest level and handling that goal as a strategic issue.

Babacan said the frame included many diverse areas such as trade, investment, finance, energy, aviation, defense, as well as infrastructure investments, adding that the meeting discussed business opportunities in the US for Turkish investors.

Turkish Economy Minister Zafer Caglayan said Turkey and the US had a great potential for cooperation in construction sector to develop projects in third countries.

Caglayan said Turkish and American companies could boost cooperation especially in technical engineering as well as contracting and infrastructure services.

Caglayan said 1,210 American companies ran business in Turkey, adding that US firms had made investments worth of 1.4 billion USD in 2011, placing second after Dutch investors.

Also speaking at the press conference US Commercial Representative Ron Kirk said Turkey and the US had a strong and historical friendship, adding that the future of the relations were promising.

Acting Secretary of Commerce Rebecca Blank, on her part, said that Turkey was a very important country for the US, adding that commercial relations between the two countries deserved a better level.

Blank said energy was a promising sector in which the two countries easily boost cooperation in energy efficiency, production and alternative energy resources.

 



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