World Bulletin/News Desk
Kazakh President Nursultan Nazarbayev addressed on Friday a Turkish-Kazakh Trade and Business Forum in Istanbul.
Nazarbayev said the trade volume between Turkey and his country stood at 4 billion USD which he said "does not fit with our close relations and brotherhood."
Nazarbayev said big Turkish companies have yet to make investments in Kazakhstan, adding they the Kazakh government was ready to provide 50 percent of the capital needed launch projects in his country.
"Economy is the foundation of all relations. If there is economy, there is politics and there is cooperation," Nazarbayev said.
Turkish President Abdullah Gul and his Kazakh counterpart Nursultan Nazarbayev on Friday also attended a flag hoisting ceremony at the Turkic Council building in Istanbul.
Speaking at the meeting, Gul said Turkey, Kazakhstan, Azerbaijan and Kyrgyzstan had signed the agreement which founded the Turkic Council in 2009, adding that the council members are determined to show solidarity on the basis of respect and equality.
On Friday's ceremony, members of the Turkish Council were hoisted at the council's General Secretariat headquarters in Istanbul.
High inflation figures are largely related to food prices, Turkey’s Deputy Prime Minister Ali Babacan said.
Turkish Aerospace Industries handed last four of modernized F-16 fighters to Pakistan in a ceremony in Ankara on Tuesday.
Tuesday's newspapers cover the corruption probe targeting President's Erdogan's son, PM Davutoglu’s unveiling of the new government program as well as more detentions in Turkey’s ‘wiretapping’ sweep.
Turkey's Foreign Ministry urged Israel to withdraw their decision and stick to international law.
'To open the Halki Seminary (historic theological Greek school) is easy, but Greek side should take similar steps,' said President Erdogan.
The Turkish Exporters' Assembly announced a 5.2 percent rise in exports for August.
Turkey’s Foreign Ministry rejected claims about the country’s general consulate staff in Mosul, who have been kept hostage by rebels in Iraq since June 11.
New Prime Minister Ahmet Davutoglu outlined the coming government’s program, highlighting the resolution of the Kurdish question.
The programme put emphasis on a strong economy, envisaging a monetary policy which stepped up the struggle against inflation but also supported growth and employment
Erdogan and Davutoglu, who was appointed prime minister last week, have both made clear that their efforts to curb Gulen's influence will continue in their new roles
Amasya MP Mehmet Naci Bostanci is elected ruling AK Party's new parliamentary group deputy chairman.
Turkey's President Erdogan made his first foreign visit to the Turkish Republic of Northern Cyprus as president on Monday.
Ali Babacan will retain overall responsibility for the economy in the new cabinet, government spokesman Bulent Arinc said
Monday's newspapers cover German weekly Der Spiegel’s claims on foreign spying on Turkey, Turkish intelligence service’s purchase of a lie detector and ongoing construction works of Turkey’s Eurasia Tunnel Project.
Turkey's president Recep Tayyip Erdogan said he will discuss the issue of spying claims on Turjey with American and German leaders at the upcoming NATO summit and U.N. general assembly.
More than 30 police officials are sought in connection with alleged illegal wiretapping in Istanbul and other cities across Turkey.