Turkey's DEIK to lead economic relations with 15 African

Chairman of Foreign Economic Relations Board of Turkey said that mutual commerce and investment figures significantly increased after Turkey launched "Africa Opening Action Plan" and "Africa Strategy" and declared 2005 as African Year.

Turkey's DEIK to lead economic relations with 15 African
Chairman of Foreign Economic Relations Board of Turkey (DEIK) said on Wednesday that his board envisaged to lead development of economic relations with 15 African countries --where Republic of Turkey decided to open embassies-- by establishing business councils there.

Speaking at a breakfast held under Turkey-Africa Cooperation Summit in Istanbul, Chairman Rona Yircali said that Turkey accepted launching new initiatives in Africa as a state policy. He added that mutual commerce and investment figures significantly increased after Turkey launched "Africa Opening Action Plan" and "Africa Strategy" and declared 2005 as African Year.

Yircali said that DEIK also launched initiatives in parallel with these policies. He said that eight of 80 business councils under DEIK took place in Africa.

He recalled that DEIK set up business councils in Sudan and Ethiopia in 2008, and said that DEIK planned to open the ninth business council in Nigeria.

Also speaking at the meeting, Mohamed El Masry, head of the Union of African Chambers of Commerce, Industry, Agriculture & Professions, said that Africa was one fifth of the whole world's capacity, adding that the African continent was rich in the aspects of natural and human resources.

Noting that currently there was a food crisis in Africa and there were agricultural areas, but they were not evaluated well, El Masry said that Turkey had experiences in agriculture sector, and a cooperation could be made with Turkey.

El Masry also said that Turkish State Minister Kursad Tuzmen estimated that Turkey-Africa trade volume would rise to 50 billion USD in 2012.

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Last Mod: 20 Ağustos 2008, 18:46
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