The agreement is intended to boost bilateral trade and investment.
Speaking at the signing ceremony, Zeybekci said that Turkey plans to make investments worth at least $300 billion over the next decade, and urged Finnish companies to increase their investment in Turkey.
Turkey has attracted foreign direct investment worth about $140 billion, Zeybekci said. “Overall, direct investment of Finland in Turkey is approximately $300 million. We invite Finnish investors to Turkey.” Zeybekci said.
Finland’s Foreign Trade Minister Toivakka said that the new agreement is a critical step to boost cooperation and trade ties between the two countries.
Both Turkey and Finland recognize that small- and medium-sized enterprises are important elements of the economy. Toivakka noted the importance of cooperation between smaller companies in each country.