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.
Numerous roads and extra police have been stationed in preparation for May Day in Istanbul
The Turkish military has confirmed one soldier has died in anti-PKK operation in southern Turkey
The Muslim philosopher and national poet of Pakistan has been commemorated in Turkey in a ceremony in the capital
Turkish president commemorates a historic battle between the Ottoman Army and British forces 100 years ago
Gurbulak-Bazargan customs gate between Iran and Turkey to be rebuilt, Turkish trade minister Tufenkci says
Friday's dailies cover speculation on the identity of the person behind Wednesday's deadly blast in Bursa
Mortar shells had been fired into Gaziantep province, which borders Syria
Says China’s deputy PM has told him a committee will be sent to Turkey to review travel warning issued to Chinese citizens
Ash Carter grilled by lawmaker about US support to PKK offshoot in Syria
New deal involves military agreement to deploy Turkish Armed Forces (TSK) to Qatar
Thursday's newspapers cover Turkish President Erdogan's remarks on secularism debate plus a suicide bomb attack in northwestern province of Bursa
20 others wounded after a female suicide bomber blew herself at a historic bazaar in northwestern Bursa province
So far, 325,000 Syrian children have been schooled, Turkish minister of national education says
Ahmet Davutoglu's remarks come hours after suicide blast in Bursa in northwestern Turkey
Turkish Development Minister Yilmaz meets Kurdish Regional Government's Deputy PM Talabani
Turkish president appreciates Croatia for allowing Muslims to freely practice their faith