Caglayan calls on Chinese firms to invest in Turkey

Turkish State Minister Zafer Caglayan called on Chinese companies to invest in Turkey.

Caglayan calls on Chinese firms to invest in Turkey

Turkish State Minister Zafer Caglayan called on Chinese companies to invest in Turkey.

Speaking at a Turkish-Chinese economy and investment cooperation forum in Istanbul, Caglayan said, "If I were a Chinese company, I would have already made an investment in Turkey. Our incentive system will be in effect until the end of this year. You'd better hurry up and if you do not come, someone else will".

Caglayan said that all the activities to be carried out by Turkey and China in the upcoming period would be based on economic integration.

Caglayan also said that they wanted to carry the relations between the two countries to an axis that would enable Chinese investors to work with their Turkish counterparts in every region of the world including EU countries, Africa and the Caucasus.

Noting that China could not get to know Turkey well enough up until now, Caglayan said, "Now it is a time to introduce ourselves and to get to know each other".

"I believe, Turkey, which has such an infrastructure and which is an important country situated between the East and the West, should get at least a share of 51.5 billion USD from the total imports of China that reaches 1.2 trillion USD," he added.

"Trade volume"

Also, Chinese trade minister called on Turkish businessmen to examine and learn more about Chinese markets to reduce trade imbalance between China and Turkey.

Chinese exports to Turkey was 11.2 billion USD in eleven months of 2009. However, Turkey made exports of only 1.3 billion USD to China in the same period. Trade volume between the two countries was around 17 billion USD in 2008.

Deming held talks with Turkish officials to increase trade but Turkey asked Chinese minister to exert efforts to reduce trade imbalance against Turkey.

Chen told the forum that he made his first overseas visit to Turkey in 2010 as Turkey was an important country for China.

Chen said a more balanced trade could be achieved between the two countries thanks to recent efforts exerted by the two sides.

"China is going through a historical change. There will be significant opportunities. I am now calling on Turkish businessmen: more of you must come to China and learn more about China's open markets," Chen said.

"We expect to see more Turkish products in China," Chen said.



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Last Mod: 08 Ocak 2010, 14:08
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