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01:59, 24 November 2014 Monday
Update: 16:48, 23 July 2012 Monday

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Turkish Minister attends Singapore business forum
Turkish Minister attends Singapore business forum
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Caglayan mentioned that they would like to see productive results for development of the business volume between two countries, increase in the mutual investments and cooperation in third countries.

World Bulletin / News Desk 

Turkish Economy Minister Zafer Caglayan has said that Turkey attaches a special importance to Asia-Pacific region and they increased the number of commercial counsellors in the region from 33 to 66.

Speaking at the "Turkey-Singapore Business & Investment Forum 2012" on Monday, Caglayan said that he was happy to feel the Singaporean hospitality.

Caglayan mentioned that they would like to see productive results for development of the business volume between two countries, increase in the mutual investments and cooperation in third countries.

Caglayan highlighted that Singapore was the most important country for Turkey because it was standing as an open door of Asia-Pacific region to Far East.

Caglayan said Turkey would be the most important country for Singapore as it would be the open door to Africa, Caucasus, Middle East and Europe.

Second Minister for Home Affairs and Second Minister for Trade and Industry in the Parliament of Singapore, S. Iswaran, said that Caglayan's visit was the benchmark of two countries' future bilateral relations and developments.

Iswaran touched on the bilateral relations of Turkey and Singapore and said that in the past three years, relations gained speed and said, "We are interested in the growing potential of Turkey."
Iswaran also added that there were 500 Turkish people living in Singapore and more than 50 Turkish firms are operating in the country.

"As for the geographical location of Singapore, Turkish investors and business people can come here and enlarge their businesses," said Iswaran.

Ground Deputy Chairman of Turkish Exporters' Assembly (TIM), Mustafa Cikrikcioglu, said that Turkey's institutionalized economy attracted 110 billion USD direct investment in the past 9 years.

Chairman of Singapore Maritime Foundation, Teo Siong Seng, said that both countries had strategic locations in their regions and said, "We see Turkey as an open door to East Mediterranean and Black Sea."



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