Caglayan calls on German businessmen to invest in Turkey

The Turkish state minister for foreign trade gathered together with German businessmen in Berlin on Thursday evening.

Caglayan calls on German businessmen to invest in Turkey

The Turkish state minister for foreign trade gathered together with German businessmen in Berlin on Thursday evening.

Turkey's State Minister Zafer Caglayan held a meeting with representatives of leading German firms.

"Turkey has taken measures to correct its financial and budget discipline and financial rules," Caglayan said during the meeting.

Caglayan said he was not against an agreement with the International Monetary Fund (IMF).

The minister said Turkey's economy had developed since 2002, and said its exports were up from 36 billion USD to 132 billion USD between 2002 and 2008.

Caglayan also said Turkey had been the 26th biggest economy in 2002, but became the 17th biggest economy in 2008.

The foreign trade minister said the impact of the global economic crisis was also seen in Turkey in 2009 and exports dropped, however economy would be on the rise in 2020.

During the meeting, Caglayan called on German businessmen to invest in Turkey and enumerated several investment areas as mining, energy and machinery.

The minister said Turkey might pass renewable energy law in 2010.

Caglayan said the European Union (EU) should solve visa problem businessmen were facing, and Turkey was taking determined steps towards full membership goal.

Turkish State Minister Zafer Caglayan arrived in the German city of Frankfurt on Wednesday, and visited 2010 Heimtextil Fair in this city on Thursday.

Nearly 150 Turkish companies are attending Heimtextil which is one of the leading textile fairs of the world.

Caglayan is expected to have high-level meetings in Berlin, and return to Turkey on Saturday.


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Last Mod: 15 Ocak 2010, 11:49
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