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.
Exports stay flat at $12.5 billion in July after trade falls amid EU-Moscow fallout and warring in neighboring Iraq.
Today's newspapers are covering new legislation to end domestic violence, an emotional on-air interview by a UN official in Gaza and the death of a prominent Turkish musician.
A 3,000-page report on Turkey’s 'parallel state' probe into alleged espionage and illegal wiretapping finds irregularities in intercepting phone conversations.
Turkish PM Erdogan said the 'cries of innocent children killed by Israel will not remain unanswered'.
Turkish Prime Minister Recep Tayyip Erdogan accuses Fethullah Gulen's Hizmet Movement of attempting to run a 'parallel state' to undermine the government.
On Tuesday, Red Crescent delivered three shipments of medical supplies to Gaza.
From Thursday Turkish nationals living abroad will be able to use ballot boxes in the countries where they live.
Turkish dailies reported Thursday on the latest developments of the operation in Istanbul and other cities against police officers and officials in the wiretapping probe, along with the latest clashes in Israel and Palestine.
Turkey's Deputy Prime Minister Bulent Arinc said Israel is committing 'atrocities' in Gaza.
Gallup World Poll says while 60% of ethnic Turks are satisfied with Erdogan's leadership, this rate hits 67% among ethnic Kurds.
'No award is more important than the lives of our Palestinian brothers,' says Turkey's Foreign Minister Ahmet Davutoglu
The arrested police officers include Yurt Atayun, former chief of Istanbul’s anti-terror police department
When they reached Gaza, the three shipments were received by the Palestinian Red Crescent
A letter released by Erdogan's office called on the U.S. group to condemn the Israeli government's policies
Prime Minister Recep Tayyip Erdogan said the bombardment of Gaza was 'killing humanity'
Neither Israeli's nor Egypt under Al-Sisi are willing to get aid to help the Palestinians in Gaza, says Erdogan.