Turkey-Brazil economic meeting starts in Ankara

We would like to promote commercial relations with Brazil by signing free trade agreements, Caglayan said.

Turkey-Brazil economic meeting starts in Ankara

Turkish State Minister Zafer Caglayan said Monday the global (financial) crisis will leave a legacy of "unemployment".

Speaking at the inauguration of the Turkey-Brazil Joint Economic Commission meeting in Ankara, Caglayan said that all countries will face unemployment due to the global crisis.

We would like to promote commercial relations with Brazil by signing free trade agreements, Caglayan said.

Turkish companies want to be involved in the construction of infrastructure and superstructure for the 2014 World Cup and 2016 Rio Olympics in Brazil, Caglayan noted.

Mutual investments with Brazil must be increased. We must avoid double taxation and encourage mutual investments and work together on customs issues, Caglayan said.

Brazilian Foreign Minister Celso Amorim, in his part, said that one of the most important reasons as to why Brazil was not much affected by the global financial crisis had to do with the diversity in Brazil's foreign trade.

The diversity in our external trade helped Brazil stand strong, Amorim said.

Countries like Brazil and Turkey will play crucial roles in the new world order, Amorim also said.

Later, the Turkish state minister for foreign trade met the Brazilian foreign minister at his office in Ankara.

"You are a friend of Turkey, and we are pleased to see you in Turkey," Caglayan said during the meeting.

Caglayan shared the agonies of Amorim over death of 64 people in a landslide in Brazil.

Amorim also said he was pleased to visit Turkey.

Paying a formal visit to Turkey, Amorim will also be received by President Abdullah Gul and Prime Minister Recep Tayyip Erdogan.

Caglayan and Amorim will sign a protocol at the end of the Turkish-Brazilian Joint Economic Committee meeting later in the day.


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Last Mod: 04 Ocak 2010, 16:46
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