Turkish and Indian news agencies signed a cooperation agreement on Monday.

Turkey's Anadolu Agency (AA) and Press Trust of India (PTI) signed the agreement in New Delhi, India on the sidelines of President Abdullah Gul's formal visit to this country.

"India is one of rising stars of the future, and has a great economic potential," Hilmi Bengi, the director general of AA and president of AA Executive Board, said during the signature ceremony.

Bengi underlined importance of Gul's visit to India, and said India's economic development and developments in its computer technology had repercussions in entire world.

"This is naturally a sign of significant communication potential," Bengi said.

Bengi also said the agreement would also contribute to further improvement of relations between Turkish and Indian people.

Also speaking in the ceremony, PTI's director general M.K.Razdan said India saw Turkey as an emerging democratic value.

The agreement envisages exchange of stories, photographs and news footage between the two agencies.


AA