Turkey has $261 bln yearly trade volume

Trade volume between Turkey and Poland was $585 million in 2002, and it is $5 billion at the end of 2012 yet not enough, Minister of Economy Zafer Caglayan indicates.

Turkey has $261 bln yearly trade volume

World Bulletin/News Desk

Turkish Economy Minister Zafer Caglayan said Turkey had $261 bln yearly trade volume while most European countries needed five or ten years to return to pre-crisis conditions.

Caglayan started his speech in closing session of Polish-Turkish Business Forum by reminding 600th anniversary of Turkish-Polish diplomatic relations to be celebrated in this year, and stressed that bilateral relations between Turkey and Poland will be developed more by the business visit chaired by PM Recep Tayyip Erdogan with over 200 businesspeople.

Reminding the goal to increase the trade volume between Turkey and Poland to $10 billion in a short time, set by Turkish PM Erdogan and Polish PM Tusk during their meeting on Friday, Caglayan said, "Turkey and Poland challenge the economical crisis while most European countries needs five or ten years to return to pre-crisis conditions."

Caglayan underlined that the reason for the bilateral trade volume's not being at desired level is not knowing each other and stated, "Let's cooperate now and turn mutual disadvantages into advantages by receiving the support of business people. I trust the Turkish businesspeople who made history for 10 years," assessing Turkey's historical, cultural and religious ties with the Caucasus and Middle East.

"Turkish goods are distributed to 241 custom regions"

Mentioning Turkish construction sector at world's second rank after China, Caglayan said, "Turkish goods are distributed to 241 customs regions. We have $261 billion trade volume."

Caglayan invited Polish businesspeople to revise their plans and invest in Turkey by telling that the labor cost is very low in his country and not neglecting a humor, "Some of you may want to come Turkey immediately when you check the incentive package, there are still empty seats in my airplane."

After Caglayan's speech, some mutual agreements, regarding the cooperation between Turkish and Polish firms, were signed in the presence of the delegation.

Last Mod: 09 Kasım 2013, 09:16
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