Turkey says year-end Spain economic ties to exceed $10 bln

Erdogan said that Turkish-Spanish relations have been improving in areas of economy, security, defense, industry and energy.

Turkey says year-end Spain economic ties to exceed $10 bln

Turkish Prime Minister Recep Tayyip Erdogan said that trade volume between Turkey and Spain which was 3.7 billion U.S. dollars in 2003 would probably exceed 10 billion U.S. dollars at the end of 2011.

Erdogan and Spanish Prime Minister Jose Luis Rodrigues Zapatero held a press conference after the Third Turkey-Spain Summit in Ankara on Tuesday.

Erdogan said that Turkish-Spanish relations have been improving in areas of economy, security, defense, industry and energy.

Spanish companies' investments in Turkey reached 8 billion U.S. dollars, he said.

Premier Erdogan said that Spain also extended a great support to Turkey's EU accession process and it was appreciated by Turkey.

Spanish Prime Minister Zapatero said that changes in Arab world and economic crisis in the EU showed once again that Turkey must join EU. Zapatero said he would keep defending Turkey regarding this issue. "We want to see Turkey in the EU," he said.

Regarding Arab Spring, he said that they supported establishment of new democratic systems respecting freedoms in these countries.

Zapatero said that they also discussed Palestinian issue in his meeting with Erdogan. Spain supported Palestine and the issue must be solved, he said.

Zapatero said that economic relations and cooperation between Turkey and Spain were improving.

Meanwhile, PM Erdogan hosted a dinner in honor of Zapatero at Prime Ministry residence.

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Last Mod: 07 Eylül 2011, 11:22
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