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.
Turkey's largest airport, Ataturk Airport is set to become Turkey’s first air hub to appear on Google Street View
Turkey has issued a travel warning, advising its citizens to delay trip to Russia following the downing of Russian warplane on Tuesday
Local Bar Association president killed amid gunfire in Diyarbakir province
In a sign of rapprochement gaining momentum between the two sides, Russia is backing the Syrian affiliate of the PKK terrorist organization, PYD, in Azez
IOM staff on the ground both in Turkey and Greece believes a large-scale Turkish coastguard training operation 'have disrupted some of the traffic'
'Our policy remains unchanged and the claims, therefore, are inaccurate,' a government official says
Construction of Trans Anatolian Natural Gas Pipeline on schedule for completion in 2018, says Turkish FM Cavusoglu
Turkish president accuses Moscow of striking opposition groups in Syria under pretext of fighting ISIL
Turkish FM Cavusoglu says Ankara does not favor tension with its 'neighbor and friend' Russia
Meeting at NATO headquarters in Brussels comes days after Turkey downs Russian warplane
Turkish president seeks to meet his Russian counterpart in Paris on November 30
Friday's papers cover back-and-forth between Turkish and Russian presidents over shooting down of Russian warplane by Turkey
Turkey halts air raids against ISIL in Syria in order to avoid any further crises as with downed Russian warplane
Turkish prime minister uses UK newspaper column to say Turkey will continue to defend its territory but work with Russia and allies to calm tensions
Turkish president says the incident with Russia not a 'cause of war; this is what the international engagement rules requires of all nations'
Russian ambassador in Ankara, Andrey Karlov, summoned to Turkish Ministry of Foreign Affairs