Turkish State Minister Zafer Caglayan said that they targeted to set up a free trade zone among Turkey, Lebanon, Syria and Jordan which had 182 billion USD of import and 125 billion USD of export capacity as well as 103 million population.
Releasing a statement, Caglayan said on Thursday that this project would open a new page in commercial and investment relations of these countries as well as it would further integrate their economies.
Foreign ministers of Turkey, Syria, Jordan and Lebanon decided in a meeting on June 10, 2010 to set up "high-level quartet cooperation council" to strengthen the existing cooperation, develop long-term strategic partnership and solidarity, and further improve the economic integration. They also decided to establish a zone among the four countries where there is free movement of products and people.
As a continuation of this process, a quartet meeting will take place in Istanbul on July 31, which will be hosted by Caglayan, and participated by Syrian economy minister, Jordanian industry minister and Lebanese economy minister.
AALast Mod: 29 Temmuz 2010, 16:50